Oireachtas Joint and Select Committees
Thursday, 5 September 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Financial Sector: Discussion with Permanent TSB
11:20 am
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
What Deputy Spring is asking is that if a person engages in a resolution process with PTSB, will he or she be locked out from accessing further credit. If so, that is very worrying. The insolvency process provides for payment breaks to allow people to deal with emergency financial issues. The question Deputy Spring has asked is: will people who so engage with PTSB be locked out from accessing further credit?
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