The High Court has granted an injunction to a couple in Cork preventing the sale by a Receiver of their property, a dairy farm and other property such as woodlands. There are a couple of points worth noting: This case is not authority for the proposition that there is any difficulty with a Receiver selling… Continue reading High Court grants injunction preventing sale by Pepper appointed receiver
Tag: pepper finance
Pepper Finance granted order to sell 3 houses of couple who paid back €950,000 of a €1.125m loan
There is a story in the Irish Times today about a couple who are going to lose three buy to let houses to Pepper Finance even though they repaid €950,000 of an initial €1.12 million loan. The judge said he had sympathy for them but was obliged to decide his cases on the law, not… Continue reading Pepper Finance granted order to sell 3 houses of couple who paid back €950,000 of a €1.125m loan
Fighting Pepper, vulture funds and so-called mortgage prisoners
I made a video recently about the decision of the Circuit Court Judge in Tullamore in a Personal Insolvency Arrangement case. The decision forced Pepper Mortgages to agree to a very much reduced mortgage rate for the hard-pressed borrowers and may, if not reversed, be a hugely significant decision for those who are struggling with… Continue reading Fighting Pepper, vulture funds and so-called mortgage prisoners