Oireachtas Joint and Select Committees

Wednesday, 30 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process (Resumed): Insolvency Service of Ireland

11:50 am

Mr. Lorcan O'Connor:

It is part and parcel of the legislation. It is a condition around eligibility albeit with the caveat to say that a PIP can bypass that requirement if they are of the view that it meant very little. It is equally important that we have not become aware of that in any practical way or in terms of actual live cases being a problem for eligibility.