MABS is an acronym for Mortgage Arrears Resolution Strategy, which is a scheme in Ireland set up to help homeowners who are struggling with mortgage repayments. Some synonyms for MABS include debt counseling, debt management, financial advice, mortgage assistance, debt resolution, and foreclosure prevention. These terms all refer to services that aim to support individuals facing financial difficulties in managing their debts and avoiding potential eviction from their homes. These services are typically provided by a trained professional and involve the development of a personalized plan to help homeowners regain control of their finances and avoid the negative consequences of mortgage arrears.