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Noonan claim on reposessions rejected

The Free Legal Aid Centre has hit back at claims by the Minister for Finance that banks are only tak...
TodayFM
TodayFM

6:19 PM - 9 Mar 2015



Noonan claim on reposessions r...

News

Noonan claim on reposessions rejected

TodayFM
TodayFM

6:19 PM - 9 Mar 2015



The Free Legal Aid Centre has hit back at claims by the Minister for Finance that banks are only taking repossession cases against homeowners, so that they can talk to the borrower.

Michael Noonan was responding to news that over 7,000 repossession proceedings have been initiated in the courts this year.

Speaking in Brussels, he said banks often went to court so that mortgage holders could be encouraged to hold talks on how their loans could be restructured.

However Director General of FLAC, Noeline Blackwell, said they utterly disagree with the Minister:



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