Oireachtas Joint and Select Committees

Wednesday, 9 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB

1:15 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Does Mr. O’Connor not see that as a disincentive to come out of the legal queue? If someone has €10,000 in arrears and the bank asks the person to pay 50%, it is basically charging the person to come out and do another deal with it.

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