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

2:25 pm

Photo of Regina DohertyRegina Doherty (Meath East, Fine Gael) | Oireachtas source

How many of the 2,524 people who are in the legal route with the bank are expected to end up obtaining a judgment? The witnesses mentioned in the past that 50% of the people who get these legal letters engage with the bank. How long is it since these 2,524 people have received legal letters? I assume that if the bank has already engaged, they have not just received their letters. Therefore, they did not engage with the bank.

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