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Revenue

  • 08-11-2016 8:17pm
    #1
    Registered Users, Registered Users 2 Posts: 1


    Hi all hopefully someone can give some advice, 5 yes ago my wife shut her salon. We owed close to 40,000 but agreed repayment plan of 800 a month which we've meet ever since. However we've since had a child and another due soon. It's becoming more difficult to meet repayment. After February we'll just owe the interest. Do revenue do deals at this stage??


Comments

  • Registered Users, Registered Users 2 Posts: 2,676 ✭✭✭exaisle


    There's no hard and fast rule, but you could make a case to them to write off the interest or at least to reschedule the repayments given that you have met your commitments up to now. Explain that it's a matter of hardship.


  • Registered Users, Registered Users 2 Posts: 10,301 ✭✭✭✭gerrybbadd


    Explain your change in circumstances also. It may result in a more favourable outcome


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