DONEGAL HOMEOWNER WINS LANDMARK CASE AGAINST MORTGAGE LENDER

first_imgA homeowner from Co Donegal has successfully managed to have a repossession case against him struck out and also had costs awarded in his favour at the High Court.His case was one of seven taken by subprime lender GE Capital Woodchester Homeloans Ltd against homeowners in Roscommon, Dublin, Tipperary and Meath all of which were struck out.The Roscommon homeowner had arrears of almost €108,000 on a loan of €300,000 taken out to purchase his family home. He had filed his own affidavits challenging the action including a motion to have the case struck out. The court was not told in any of the cases why they were struck out, but according to counsel for one of the borrowers, the letters of demand issued by GE Capital were flawed.DONEGAL HOMEOWNER WINS LANDMARK CASE AGAINST MORTGAGE LENDER was last modified: June 25th, 2013 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:DONEGAL HOMEOWNER WINS LANDMARK CASE AGAINST MORTGAGE LENDERlast_img read more