A MAN who had arrears of more than €65,000 on his home mortgage was working as a financial consultant, the Dublin Circuit Court was told yesterday.
Bank of Scotland (Ireland) Ltd had applied to Judge Jacqueline Linnane to have an order for possession granted on the man’s home in Dublin. The borrower, who has two young children, was present and represented in court. His counsel said he had made an offer to pay €10,000 to help deal with his arrears.
The judge agreed to adjourn the case on the basis that €10,000 would be paid within four weeks and an affidavit filed detailing plans for more payments.
In a separate case by the bank, the court heard three unrelated owners sharing a Dublin property owed arrears of almost €35,000.
Counsel for the bank told the judge a representative called to discuss the arrears and was told by the occupants “never to call to the property again”. A summons server was shown a sign saying “private property” and told to leave. Letters sent to the borrowers were returned. The judge granted the order, with no stay.
A case by Irish Nationwide Building Society was adjourned after the court heard the borrower had obtained employment and could pay €900 a month. Counsel for the lender said the amount was “not sufficient”, but it had agreed to the adjournment on the basis that he would fill in a statement of income and expenditure.
