MAN WHO OWES CREDIT UNION €17K FOR CAR LOAN ORDERED TO PAY €20 A WEEK

July 9, 2016

gavel1A MAN who owes a Co Donegal credit union more than €17,000 for an unpaid car loan has been ordered to pay it back – at a rate of €20 per week.

Christopher Toye, from 5 Moyle Road in Milford, wasn’t in Letterkenny District Civil Court for the hearing.

Patsy Gallagher, solicitor for Mulroy Credit Union, told Judge Paul Kelly that Mr Toye owed a total of €17,253.

He said the money was originally loaned for the purchase of a car.

A statement of means was provided to the court.

Judge Kelly approved a repayment scheme based on Mr Toye’s means of €20 per week.

The judgement means Mr Toye will have to make 862 weekly payments to clear the loan – taking 16 and a half years.

 


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