Lenders warned to obey code of conduct

Master of the High Court Edmund Honohan struck out a number of repossession cases involving KBC Mortgage Bank because they did not follow the code of conduct set down by the Financial Regulator in February to help customers in mortgage arrears. The code requires lenders to advice customers who are in difficultly to meet with a third party about their debts. The code also requires the lenders to liaise with the third party to find a suitable repayment plan.

Debt Assist has been helping people who have problems with mortgage and credit card arrears for sometime and we have an enviable record when it comes to negotiating reduced repayments. Our team of in-house Solicitors and Accountants are positioned to get the best possible result for our clients and often can negotiate a 50% decrease in monthly repayments. Call us on 1890 87 67 27 or visit us at http://www.debtassist.ie/ and book a free consultation with one of our advisors and see the difference Debt Assist can make.