Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Chairman, I really appreciate that. I welcome Mr. Duffy and his colleagues to this meeting. I thank Mr. Duffy for providing his opening statement and other information in advance, affording us the opportunity to go through it before the meeting. In line with the data provided by the other institutions, there seems to have been a significant ramping up of enforcement activity. Between mortgages on family homes and buy-to-let properties, there are more than 9,000 cases that are under legal proceedings or in which the customer has been advised that legal proceedings will commence if a resolution is not agreed. Is Mr. Duffy satisfied that in all of those cases every opportunity has been given to the customer to engage meaningfully and to come up with an alternative solution? Have people been offered other sustainable solutions before taking the legal route?