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€150,000 AIB mortgage write-off


by Today FM  12th Mar 2014  13:20
Today FM image

Family keeps home in debt forgiveness deal

A family has been allowed to keep their home after one of the largest debt forgiveness deals reached with AIB.

The State owned bank wrote off over €150,000 or more than one third of the family's 400,000 euro mortgage.

The deal was negotiated with AIB by the Irish Mortgage Holders Organisation.

Our News Correspondent Fergal O'Brien reports:


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