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Only ‘fair’ mortgage contract terms can be enforced – EU ruling

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  • Categories: Irish Times

Debtors facing mortgage foreclosure proceedings may have a powerful defence weapon in the Unfair Contract Terms Directive 1993, in light of a recent EU ruling. This comes at a time when pressure mounts on EU member states to restructure and expunge bad debts from their banking systems. On March 14th, the Court of Justice of […]