Retired solicitor (81) can keep Dublin home under new debt plan

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Mortgage balance can be recouped from debtor’s estate in the event he dies before its term ends, court hears

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Mr Matthews and his wife Dorothy primarily rely on their State contributory pensions, as well as a smaller private pension and assistance from family. Over €78,000 will be contributed by Mr Matthews and his family over the PIA’s three-year term, with unsecured creditors to receive just over 5 per cent of their claim.

 

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