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mortgage payments

  • 17-04-2011 1:29pm
    #1
    Registered Users, Registered Users 2 Posts: 665 ✭✭✭


    hi
    iam married with 3 kids both myself and the wife are self employed, she has a small bit of land left to her from her father and i have an excavator on long term hire. but it is looking increasingly likely that my job will be finishing up soon enough, and when this job finishes i will have nothing else to do. neither of us are making any significant money, my machine rates have been reduced and fuel costs are killing any few quid i have left over. my wife is farming bad land and is also making very little money from it.
    my wife is currently getting €130 per week on farm assist, my income was deducted from her payment and this is the figure social welfare came up with.
    so iam wondering when i will be left go how much can i/we claim towards our mortgage repayments, we currently have 360k borrowed and it is costing us €1300 per month repayments. i also persume that my wife would also be entitled to a maximum claim under the farm assist.

    any help or info would be gratefully appreciated


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