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Memories from the Archives - May 2001

Memories from the Archives - May 2001
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Irish Sea , Ireland General , United Kingdom , Mike Dunne , John Mcnamara , Declan Magnier , Conna Castle , Cllr Michael Hanley , Barry Cronin , Scoil Iosaif Naofa , Michael Gowen , Kevin Mcsweeney , John Oconnor , Dave Wallace , William Oconnor , Daniel Quirke , Jim Shanahan , Gerard Relihan , John Howard , Dave Daly , Brian Toomey , Mick Relihan , Patrick Meagher , Tommy Mccartney , Kenneth Morey , Eamon Relihan ,

Court rejects plan for woman to pay mortgage until age of 98


Court rejects plan for woman to pay mortgage until age of 98
Judge noted term of restructured loan would likely have exceeded debtor’s lifespan
about 18 hours ago
Aodhan O Faolain
Ulster Bank opposed the PIA, which proposed to restructure the length of the woman’s mortgage repayments to 348 months. Photograph: iStock
 
The High Court has refused to approve a Personal Insolvency Arrangement (PIA) under which a pensioner would be making mortgage repayments on her home until she was aged 98.
In what is regarded as an important test case, Mr Justice Mark Sanfey said 69-year-old Ann Fennell, who owes Ulster Bank some €72,500, would not be reasonably likely to be able to comply with the terms of the proposed PIA. ....

Justice Sanfey , Ulster Bank , Circuit Court , High Court , Personal Insolvency Arrangement , Lyradane Avenue , Woodview Park , Keith Farry , Andrew Fitzpatrick , Financial Services , Ann Fennell , Justice Mark Sanfey , Eith Farry Bl , Maurice Lenihan , High Court , Ulster Bank , அல்ஸ்டர் வங்கி , சுற்று நீதிமன்றம் , உயர் நீதிமன்றம் , தனிப்பட்ட நொடித்துப்போனது ஏற்பாடு , வூட்வியூ பூங்கா , கேய்ட் பார்ரி , ஆண்ட்ரூ ஃபிட்ஸ்‌ப்யாட்ரிக் , இக் நீதிமன்றம் ,