Published 10/12/2016 | 00:00
WEXFORD Deputy Mick Wallace is fighting to keep his family home and is examining alternatives to bankruptcy.
The High Court was told that the Independent deputy had hired a personal insolvency practitioner to write to AIB to see if the family home can be retained.
He is also in the process of drafting a statement of affairs, which will be given to the court later this month.
The heavily-indebted Wexford politician is expected to fight efforts by vulture fund Cerberus to have him declared bankrupt.
A bankruptcy petition was filed last month by one of its Irish subsidiaries Promontoria (Aran) Ltd.
Mr Wallace has been the for…
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