Rebecca Forde Egan wins €175,000 mortgage write-down

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Rebecca Forde Egan had a personal insolvency arrangement approved by the High Court, reported on 20 December 2019. The arrangement writes down almost €175,000 on her Bank of Ireland mortgage.

The arrangement covers total debts of €639,000 and concerns her four-bedroom home in Ballymorris, Portarlington, valued at €410,000. Bank of Ireland’s objection was rejected after the judge found the bank would receive a better return than in bankruptcy.