TOM Solicitors are experienced and informed regarding the new Personal Insolvency Act and the various Central Bank Codes of Conduct for Mortgage Arrears, including the MARP (Mortgage Arrears Resolution Process), which all Lenders are required to abide by when dealing with mortgage arrears.
TOM Solicitors engage with borrowers to tailor specific mortgage solutions to allow our clients make the right decisions to help set them on the road to financial recovery. Our first step is to eliminate the emotional burden on our clients from telephone calls, letters and the threat of action from their Lenders.
TOM Solicitors will negotiate with your bank in order to achieve both short-term solutions such as payment breaks, interest only, reduced interest only and reduced capital and interest repayments together with trying to establish long term solutions to assist in our client’s financial recovery.