Oireachtas Joint and Select Committees
Tuesday, 3 September 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Financial Sector: Discussion with AIB
4:40 pm
Mr. David Duffy:
If I am understanding the Deputy's question correctly, the PIPs will look at the insolvency circumstance economics and what the bank is offering and then negotiate. This is from where we will get more effective solutions, which, in turn, will drive consistency among the newly created profession of personal insolvency practitioner and how he or she approaches solutions. We may get to consistency through execution.
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