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Galway couple overcharged by 1.23m in tracker scandal – Irish Times

A Co Galway couple were overcharged 1.23 million by KBC Bank Ireland after they were incorrectly moved to higher interest-rate mortgages on their properties instead of a tracker rate.

It is the biggest single case of overcharging by a bank to emerge in the tracker mortgage scandal, which has cost almost 1 billion and so far affected at least 33,700 customers.

John and Christine Foye of Milltown, Co Galway, were overcharged by the Belgian-owned bank on loa…

Read the full article at: https://www.irishtimes.com/news/ireland/irish-news/galway-couple-overcharged-by-1-23m-in-tracker-scandal-1.3405365

Category: BankruptcyBy Insolvency Advisory AccountantsFebruary 26, 2018

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PreviousPrevious post:Galway couple overcharged by 1.23m in tracker scandal – Irish TimesNextNext post:KordaMentha places insurer CBL Corp in voluntary administration – The Australian Financial Review

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Galway couple overcharged by 1.23m in tracker scandal – Irish Times

A Co Galway couple were overcharged 1.23 million by KBC Bank Ireland after they were incorrectly moved to higher interest-rate mortgages on their properties instead of a tracker rate.

It is the biggest single case of overcharging by a bank to emerge in the tracker mortgage scandal, which has cost almost 1 billion and so far affected at least 33,700 customers.

John and Christine Foye of Milltown, Co Galway, were overcharged by the Belgian-owned bank on loa…

Read the full article at: https://www.irishtimes.com/news/ireland/irish-news/galway-couple-overcharged-by-1-23m-in-tracker-scandal-1.3405365?localLinksEnabled=false

Category: BankruptcyBy Insolvency Advisory AccountantsFebruary 25, 2018

Post navigation

PreviousPrevious post:Carillion: Former director ‘dumped’ shares in bankrupt construction company at first possible moment – The IndependentNextNext post:Galway couple overcharged by 1.23m in tracker scandal – Irish Times

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Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
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
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Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
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