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
2:15 pm
Mr. David Duffy:
On discussing it among ourselves, we believe it is in the hundreds, certainly fewer than 1,000. We do not see a very large volume, particularly as we are engaging in debt compromise and restructuring through third parties. All together, much of the legal activity is process driven, as opposed to constituting an outcome we believe we will achieve.
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