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
11:40 am
Simon Harris (Wicklow, Fine Gael) | Oireachtas source
To return to the issue Deputy Pearse Doherty raised, Mr. Masding has already conceded in the media that the bank wrote to a customer who had arrears of €200 asking them to sell their house and his spokesperson told TheJournal website on 25 July last that these apparently low arrears balances almost always reflect the fact that payments have been paused or reduced for a sustained period of time by agreement. Are people who have come to agreements with Permanent TSB and who think they are fully in compliance now getting letters that are bolts from the blue, like the person who had arrears of €200, telling them the only solution available to them was to sell their home, despite the fact that they had complied, by agreement, with the bank's arrangement up to that point?
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