Dáil debates

Thursday, 12 November 2015

11:55 am

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

Across the country, thousands of families are living in fear of losing their homes. These are hard-working families, who bought average family homes and are now being dragged through the courts by their lenders. These are the very same banks that were bailed out by the taxpayer. Last year, 7,100 families had court proceedings lodged against them. Over the past nine months of this year, banks have lodged 4,500 eviction proceedings with the courts. Every month, banks are lodging hundreds of fresh court actions against families in mortgage distress. Hundreds more families are being coerced by the banks into selling their homes rather than facing the horror of court action. Why is this happening? The answer is very simple. In 2013, the Tanaiste's Government passed the Land and Conveyancing Law Reform Act, the intention of which was to make it easier for banks to evict people from their homes

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