Court rejects PIA involving write down of mortgage in exchange for equity

Court dismissed appeal over attempt to offer stake in family home in insolvency case

Judge says it was ‘misconceived’ to argue the issues between the parties had become moot

https://www.irishtimes.com/business/debt-ruling-allows-waterford-man-pay-93-mortgage-per-month-1.4705055 He retired in February 2020 and has been relying on the State pension for income. Mr O’Regan’s house was valued at €210,000 and there was €97,000 remaining on his mortgage. Under the...