by Jessica | Aug 19, 2022 | News
A Further Weapon for Distressed Borrowers Promontoria stopped from enforcing loans where monies were loaned following registration of a lien. These loans are no longer allowed to be secured by way of a lien. Background In Promontoria (Oyster) DAC -v- Fox (2022)...
by Jessica | Oct 24, 2018 | Banking Law, Enduring Power of Attorney, Mortgages, News
This issue centres around the Power of Attorney Clause in Mortgages – Can it Transfer on Sale? When taking out a mortgage, the borrower routinely grants the lender a power of attorney, according to the provisions of the Power of Attorney Act 1996. It allows the...
by Jessica | Sep 22, 2018 | Loans, Mortgages, News
Donnacha Anhold, Principal, Carter Anhold Solicitors, Sligo, talked to Claire Ronan from Ocean FM on 22nd September 2018 about mortgages and loan arrears, budget loans, repossession proceedings, the banks and vulture funds. Click here to listen to their...
by Jessica | Apr 26, 2018 | Banking Law, News
It’s time for Vultures to be met head on to keep them from the farm gate International Vulture Funds, purchasing loans from Irish Banks, are a massive threat to many farming families. IFA President Joe Healy said recently that these “faceless funds are hell-bent on...
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