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Abhaile helps just 157 fight for homes in court appeals – The Times

The states new mortgage arrears resolution service has helped fewer than 160 borrowers at risk of losing their homes to challenge their lenders through the appeal courts.

The Abhaile service, launched last October, helps borrowers challenge mortgage providers when they veto proposals for a personal insolvency arrangement.

According to a briefing for Charlie Flanagan after his appointment as justice minister, Abhaile has issued 157 legal aid certificates so far.

A right of appeal to the circuit court was introduced last year to make personal insolvency arrangements a more viable option for distressed homeowners who are unable to reach voluntary arrangements with lenders.

Appeals are possible only when creditors veto the inclusion of mortg…

Read the full article at: https://www.thetimes.co.uk/edition/ireland/abhaile-helps-just-157-fight-for-homes-in-court-appeals-5jmnh9t6q

Category: BankruptcyBy Insolvency Advisory AccountantsJuly 23, 2017

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Abhaile helps just 157 fight for homes in court appeals – The Times

The states new mortgage arrears resolution service has helped fewer than 160 borrowers at risk of losing their homes to challenge their lenders through the appeal courts.

The Abhaile service, launched last October, helps borrowers challenge mortgage providers when they veto proposals for a personal insolvency arrangement.

According to a briefing for Charlie Flanagan after his appointment as justice minister, Abhaile has issued 157 legal aid certificates so far.

A right of appeal to the circuit court was introduced last year to make personal insolvency arrangements a more viable option for distressed homeowners who are unable to reach voluntary arrangements with lenders.

Appeals are possible only when creditors veto the inclusion of mortg…

Read the full article at: https://www.thetimes.co.uk/article/abhaile-helps-just-157-fight-for-homes-in-court-appeals-5jmnh9t6q

Category: BankruptcyBy Insolvency Advisory AccountantsJuly 22, 2017

Post navigation

PreviousPrevious post:Fake wedding ring brings down fraudster Lemuel Page – Newcastle HeraldNextNext post:Unravelling the UAE’s bankruptcy law – Gulf Business News

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Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
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