Repossession proceedings brought by subprime lender struck out
by Aodhan O'Faolain The High Court has struck out repossession proceedings brought against a couple by a subprime lender, Home Funding Corporation Ltd. The lender claimed €1.4m is due on foot of an IR40,000 loan taken out in 1997. In her ruling on Thursday Ms Justice Isobel Kennedy said the balance
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Courts News Ireland
The High Court has struck out repossession proceedings brought by Home Funding Corporation Ltd against a couple from Ballinagare, County Roscommon. Ms Justice Isobel Kennedy ruled on Thursday that the company's application should be dismissed for want of prosecution, citing an inordinate and inexcusable delay spanning from 2004 to 2014. The lender had sought possession of the defendants' home following an alleged…
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