Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

That answers my next question. The other issue is that there has been some communication with the Insolvency Service of Ireland and AIB. This follows an earlier discussion I had with Mr. Duffy and the Central Bank. As people are in resolution processes, it means their income is very structured for the foreseeable future. This means they have so much disposable income to deal with their utilities, pay for groceries, children's clothes etc. and so much money that must service their debt as part of the resolution process. However, life is not like that and unexpected financial emergencies arise, for example, a bereavement where a cost to bury someone might arise, a person's car could clap out and need to be replaced at a cost of a couple of thousand euro. That requires a debt break at some level for a determined period of time. The Insolvency Service of Ireland is examining this as part of a programme. How does Mr. Duffy see this being structured? Let us say I am in a resolution process, my debt commitment is €1,000 per month and that it is costing me €3,000 to replace a car. I need three months of a debt break, but I do not have the cash up front to buy the car. How do I get my hands on €3,000 cash as part of a resolution process other than by going to an off-street or some other type of lender? That damages my credit rating because I cannot get the money because I am out of the market and in a resolution process.