I completed my three years in March, but like many others couldn't release the equity from my home to go towards discharge. I'm sure there are many like me. The new arrangement is to carry on "as usual" for another two years and then at the end of that... Well it really hasn't been made clear. What if I still can't release equity and haven't been able to pay that off myself?
My choice of practice for trustee has been pretty good up until now, but it seems that they unexpected extensions are leaving everything a bit open-ended.
Has the AIB made any rulings to pin down what happens now that there are so many extensions of Trust Deeds.
To add to that I'm self-employed and had to have emergency surgery which meant I couldn't work for six weeks. It also meant I lost a client who provided a significant chunk of my income and am falling behind on the payments. How far can this go before they will take action? Have you heard of many homes being taken?
I'm stressed and worried sick. Feel like handing them the keys and running away.