Oireachtas Joint and Select Committees
Wednesday, 9 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB
1:15 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
AIB has a longer legal queue than the other banks. As I understand it, to get out of the legal queue someone in arrears has to pay a percentage of those arrears. Is that the case? Could it be up to 25% or 50% of the arrears if the person wants to come out of the legal position the bank has put them in?
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