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I just can't cope, mum tells court as she loses home

A YOUNG mother broke down in tears yesterday as her home was repossessed.

The woman appeared in the High Court with her husband and a toddler in a buggy.

The order for repossession was one of 12 granted to lending institutions.

The couple, from Co Cork, took out a mortgage of €336,000 in 2007, but began defaulting in January 2008 -- when the woman's partner lost his job in the ailing construction industry.

They currently owe more than €393,000 to GE Capital Woodchester. Mr Justice Brian McGovern granted a stay of four weeks on the order.

The woman -- with four children aged 13, six, four, and 18 months -- broke down several times as she delivered an emotional testimony to the court.

She said it would be "horrible" to have to leave her home. "I just can't cope any more," she added.

"The stress is just too much. I can't take the pressure any more. We have kids in school in the area and we are going to have to try and find accommodation nearby.

"I've been sick because of this already," she said, before asking the judge what the procedure would be following an order for possession.

"Don't worry, nobody is going to throw you out on the side of the road. This is through no fault of your own and there are lots of people in your position," the judge told her.

"You are not alone if that is any consolation. Don't upset yourself. It's very difficult and I understand your situation," he added.


As she left court, the woman told the judge her family would "be okay because we have each other".

Speaking afterwards, her partner said they would try to secure council housing.

Meanwhile, an order for possession was also granted in relation to four out of five properties belonging to fugitive solicitor Michael Lynn and a co-defendant.

The properties are unoccupied holiday homes in Carrick-on-Shannon, Co Leitrim.

Lynn took out a loan of more than €2.5m from Bank of Ireland to purchase the five properties.

The judge asked if anybody knew where Mr Lynn was, but this was unknown.

"Short of some extraordinary means such as a sort of private investigation -- at additional cost to the lender -- everything has been done," said counsel for the Bank of Ireland.

Notice was served on Mr Lynn by way of two advertisements in national newspapers, the court heard.

"It seems to me that he has no legal defence to these proceedings," added the lawyer. Repossession was ordered for four of the five properties, with a legal technicality delaying the process on the fifth.

No stay on the order was given as "it would be inappropriate in the circumstances", said the judge.

Of the 12 orders for repossession granted, four were to Start Mortgages, two for GE Capital Woodchester, and one each for ACC Bank, Bank of Scotland (Ireland), KBC Bank Ireland, Nua Mortgages, Secured Property Loans, and Stepstone Mortgage Funding.

Irish Independent