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Concern over growing number of repossession cases before Galway court

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Concern over growing number of repossession cases before Galway court

Galway Bay fm newsroom - Repossession cases are on the rise across Galway and the wider western region.

That's according to Oranmore/Athenry councillor James Charity who says 104 repossession cases were listed in Galway Circuit Court last week alone.

There were a further 72 such cases recently listed for the Castlebar area.

Independent councillor Charity claims the inflexibility of vulture funds is a regular feature of such family home cases.

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He says some purchased loan books for as low as 21 cent in the euro.

Councillor Charity says regulation of funds operating via credit servicing agencies remain a concern and a fresh policy approach is needed at Government level.

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