Court protection for €20k wedding loan debt

A 47-year old Limerick man with assets valued at 96c has secured court protection from his bank over unpaid debts concerning a €20,000 loan he took out to pay for his wedding reception.

This follows Judge Patrick Meaghan at Ennis Circuit Court granting a Debt Relief Notice certificate to the unemployed Castletroy man.

The certificate is available to those under the Government’s new insolvency laws and it now gives the man court protection from the Bank of Ireland for three years over his unpaid debts.