Cabinet to consider Bill to help borrowers in mortgage arrears

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Minister for Justice Charlie Flanagan will this morning seek government approval for a Bill which aims to broaden the matters a judge needs to take into account when considering repossessions

MINISTER FOR JUSTICE Charlie Flanagan will this morning seek government approval for a Bill which aims to broaden the matters a judge needs to take into account when considering repossessions.

Under the bill, the court would have to take into account a bank’s refusal or reluctance to engage in attempts to find a resolution to the arrears issue. The court would also have to take into account a number of other matters when considering the making or refusal of a possession order. These include:The circumstances of the borrower and their dependents .

 

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