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    Filtered by: Ross Maguirex

    Debt

    Debt

    In seemingly encouraging news for mortgage holders in difficulty, AIB has written off €150,000 from a €400,000 loan on a family home and allowed the homeowners to keep their property. It is the largest writedown involving a family home which was not repossessed. Keelin was joined in studio by Ross Maguire of New Beginning She was also joined in studio by Rory Askins-Byrne, who in 2006, was doing well driving a taxi and decided to enter the property market. It is what everyone else at the time was doing. Over the space of the next couple of years he bought ...

    http://www.rte.ie/radio1/today-with-sean-o-rourke/programmes/2014/0312/601727-today-with-sean-o-rourke-wednesday-12-march-2014/?clipid=1506725
    Evictions

    Evictions

    Yesterday, the Expert Group on Repossessions, recommended a change in court rules to help make repossession cases more efficient after the Troika expressed concern at the low levels of repossessions here given the extent of the mortgage arrears crisis. Repossession and evictions invoke strong emotional responses in Ireland. But how is it dealt with in Ireland compared to the rest of Europe? Dr Padraic Kenna of the School of Law, NUI Galway will lead a major €1m EU-funded research project on evictions across the 28 European Union (EU) Member States. The research will investigate the national legal frameworks and extent ...

    http://www.rte.ie/radio1/today-with-sean-o-rourke/programmes/2014/0115/497957-today-with-sean-o-rourke-wednesday-15-january-2014/?clipid=1394746
    Banks/Mortgages

    Banks/Mortgages

    While some high profile builders and business people have left the country to avail of bankruptcy arrangements in the UK and elsewhere there is no escape for tens of thousands of Irish people who are being chased for what they owe the banks. Many of them are under water as a result mortgage debt. The latest figures show that nearly 98,000 private residential mortgages were in arrears for over 90 days by the end of June – more than 200 homes were repossessed by the banks. As it happens this afternoon (Tues) the Oireachtas Finance Committee will meet AIB chief ...

    http://www.rte.ie/radio1/today-with-sean-o-rourke/programmes/2013/0903/471889-today-with-sean-o-rourke-tuesday-3-september-2013/?clipid=1301720

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