In recent weeks it was revealed that AIB is planning to purge many of its non performing loans from balance sheets.
In advance of the banks planned privatisation, media reports last month suggested that the bank is also pursuing debtors through the courts.
However, AIB is not alone and there are fears that 2017 might well become the year of the repossession.
Newstalk Breakfast reporter Kieran Cuddihy has been finding out if such fears are justified.
Experts believe that more repossessions will take place this year, but the scale is up for debate.
It is mostly family homes involved, as opposed to ‘buy to lets’, and it is the 35,000 people who are in arrears for two or more years that the banks are expected to start dealing with mor…
Read the full article at: http://www.newstalk.com/Will-2017-be-the-year-of-the-repossession
