Tag Archives: MABS

CLARE MABS is currently assisting more than 100 clients in late-state mortgage arrears, with a further 110 mortgage arrears clients also being helped by the money advice service in the county. Details of the supports MABS is offering throughout Clare was revealed at a presentation to Clare County Council’s Social Development Strategic Policy Committee. In relation to late-stage mortgage arrears, the results have included five cases where restructuring or long-term solutions have been approved; 11 cases in trial test periods, where, if successful, a long-term arrangement will be considered by the lender; 12 cases awaiting decisions and 10 clients referred for personal insolvency arrangements. The meeting heard that MABS runs a court mentor scheme, providing advice and support with an increase in the numbers of clients availing of the service in recent years. The Abhaile court mentor scheme sees MABS representatives attend local circuit court mortgage possession case hearings. An information stand is positioned in the court lobby, giving independent …

THE Central Bank has today (Monday) confirmed that 8% of mortgages in Clare are currently in arrears. The Central Bank has also noted almost 66% of people are unaware that there are free support services available to home-owners who are in mortgage arrears, as outlined in a new study conducted by the Citizens Information Board (CIB). The finding comes on foot of the recent launch of the communications campaign for Abhaile by the Tánaiste and Minister for Justice and Equality, Frances Fitzgerald and Minister for Social Protection, Leo Varadkar. Angela Black, chief executive of CIB welcomed the report, which forms part of the communications campaign, aimed at increasing awareness of Abhaile, the Free Mortgage Arrears Support service dministered by MABS. Since its introduction last October, Abhaile has helped in excess of 4,800 people in mortgage distress. “We very much welcome the launch of the communications campaign, which has been developed specifically with the distressed borrower in mind. While this service has already brought much …

MINISTER for Housing Jan O’Sullivan will address a meeting in Ennis  today ( Friday), hosted by the Clare Citizen Information Service along with the Alliance of Social Protection of Recipients. The minister will speak on the recent funding allocations and plans for the future. The event has been organised to look at the key issues that need to change in order for those in the rental market to be able to source suitable and adequate accommodation that meet the required standards. Dermot Hayes of the Alliance of Social Protection Recipients said, “With almost 4,000 people on the housing list in Clare and a growing population we need to put in place a strong and sustainable strategy.” While Paul Woulfe of the Citizen Information Services added, “The rent allowance needs to be reviewed and restructured to bring it in line with the current market rental rates in order to avoid homelessness and couch surfing’’. Other’s to address the meeting will be: …