I read an article the other day that a vulture fund who had purchased loans from AIB had started proceedings to gain possession of a number of properties that had defaulted in the recession. Original orders for possession granted +-10 years ago and the properties have been lying dormant for years. No attempt from AIB to rent out the properties and gain some income from the properties at the very least. Seems like such a waste and who will they come to for the shortfall? Has anyone had any experience with this from AIB or EBS?
A friend of mine is currently going through this. How many more people have been affected I wonder?
A friend of mine is currently going through this. How many more people have been affected I wonder?