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 Councils 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 …
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