POLITICAL activist Osgur Breathnach has been given a final chance to save his home from being repossessed by a mortgage company.
County Registrar Susan Ryan was told that the property he bought with a €460,000 mortgage in 2008 was now valued at less than half that price and had an outstanding balance of €508,000.
Barrister Anne Lawlor, counsel for Springboard Mortgages Ltd, said an application for possession of 10 Highthorn Park, Dun Laoghaire, Co Dublin, had been before the Registrar's court on a number of occasions.
Since the last adjournment on October 23, a payment of €24.48 was made against the mortgage on which monthly repayments originally stood at €2,633. Ms Lawlor said arrears now stood at €53,203.
Ms Ryan said on the basis that a new firm of solicitors had come on board, she felt they should be given an opportunity of taking full instructions.
She adjourned the application against Mr Breathnach until February 12.
In 1980, Mr Breathnach was acquitted in the Court of Criminal Appeal of having stopped a mail train at Sallins, Co Kildare, in 1976 with intent to rob it.
He had been earlier sentenced in the Special Criminal Court to 12 years' imprisonment. Mr Breathnach had denied the charge.