Kilkenny home repossessed with 12 others

A Kilkenny woman has had her home repossessed as 13 orders were granted at Monday’s High Court chancery summonses hearing.

This is the largest amount of repossession orders granted in one day this year.

In a further sign homeowners are continuing to struggle with arrears, 64 repossession cases, including 26 new cases were heard or adjourned at the hearing.

Arrears in excess of €24,000 had accumulated in the case of a Co Kilkenny home for which a €200,000 remortgage was advanced in 2007.

The court heard the defendant who was a nurse, had taken out the loan for the purpose of discharging college debts and for the building of an extension for her daughter and granddaughter to reside in.

The court was also told the defendant had put the house on the market and had moved out upon hearing of the court proceedings. Her two sons were residing there but not contributing rent.

Granting five months’ stay on the order, Ms Justice Elizabeth Dunne said, “this is a classic case of someone who has buried their head in the sand.”

While homeowners appeared in court in a number of cases, Ms Justice Dunne expressed frustration at the lack of information in some cases, due to mortgage holders not coming to court.

 

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