Ireland: Banks Dealt a massive Blow With High Court Judgement Today – Home Owners Celebrate
‘There’s been a con going on in our Circuit Courts for the last few years. It’s a con that the courts, the legal profession and the banks have all been in on together and the veracity of the claim that it has been a con emerged today from the High Courts and a ruling by Ms. Justice Murphy.
Over the years, in an effort at putting efficiency before the rules of the court, the banks have been applying to the Circuit Courts for possession Orders on family homes. The Circuit Court rules are clear that only matters involving less than €75,000 can be heard in the Circuit Court. Now we know most houses are still worth more than €75,000 and to circumvent the rule the banks have, with the complicity of court Registrar’s and the legal industry, been allowing family home possession applications into the Circuit Courts claiming that the rateable value of the property is within the rules as, they claim, the rateable value of the property is under €253 odd. Today’s ruling by Ms. Justice Murphy simply blows the rateable value argument out of the water.’
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