Stephen Donnelly (Wicklow, Independent) | Oireachtas source

Mr. O’Connor is very welcome and I thank him for giving his time to the committee.

I ran a four hour session on these issues on a sunny Saturday last week in Bray where I had some of the very useful documentation from the Insolvency Service. There is huge interest in this. People are still trying to negotiate even now on behalf of borrowers and I hear the same thing from all of them - that the banks are not doing any deals. I imagine everyone is waiting for this legislation and for the service to go live. Can borrowers avail of the insolvency route if they are not in arrears on their mortgages?