Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

The jury is out on this stuff and we will know a little more in six months or a year. It is alarming that in the case of all of the banks which have come before the committee a very high proportion of the supposed solutions they have offered to meet the targets involve their going down the legal route. One could be forgiven for thinking that there is an avalanche of repossession cases on the way. Ulster Bank maintains that is not the case but certainly the evidence at the moment at least is pointing in the direction of wholesale repossessions taking place as a result of the change in the legal obstacle.