How we can help ?
Experiencing Financial difficulties ?
Problems paying off Debts ?
Need Advice on Money Management ? read more
Self Help
Take our Self-Help guide for dealing with Personal or Family Debts. www.mabs.ie
The MABS Procedure
We use an easy to follow step by step procedure to help clients. By focusing on their main areas of concern we help them to get control of their own finances
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Our money advise process
On meeting clients our Money Advisors typically work
through the following steps:
-
Explain the service that
MABS can to offer them.
-
Listen carefully to
client's difficulties as they perceive them and to their
particular worries.
-
Work with the client
to identify all their household expenses and help
them to construct a weekly budget based on this information.
-
Deal with the clients
emergencies like disconnections and evictions as they
arise and come up with solutions to these problems
while getting them to work on improving the routine
management of their money.
-
Negotiate with organisations
to whom the client owes money to hold off taking punitive
action like disconnection or eviction. The idea is
to buy time to develop a plan with the client for
reducing the debt that will be acceptable to the creditor.
-
Request details
of clients debts from his or her creditors in
writing attaching a form signed by the client authorising
MABS to seek this information on thier behalf.
-
Work with the client
to agree the priority of each of his or her debts.
-
Check the clients
entitlements to make sure he or she is getting the
maximum income due to them.
-
Prepare with the
client a weekly budget that puts priority on mortgage
or rent, electricity, food and heat in that order.
-
Refer clients to
various support agencies that may be able to help
them solve their financial problems.
-
Draw up a true statement
of the clients finances and begin to negotiate
with the clients creditors.
-
Having completed
these negotiations draw up a revised budget if appropriate, open a MABS Budget Account.
-
Monitor the clients
progress closely to begin with and when appropriate
use periodic checks to do so.
For Appointments
Ph. 01-8794006
Fax. 01-8794033
Email. Info@northcitymabs.ie