Oireachtas Joint and Select Committees
Thursday, 10 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland
11:30 am
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Between the bank's voluntary surrender and repossession efforts it is 6,650. I have a piece of legislation that will be debated in the Dáil on Friday which I hope will frustrate the bank's efforts to put people out of their homes. We will wait and see how that transpires on Friday evening. As regards the 6,650 cases in the legal process or voluntary surrender, how many does the bank expect to repossess? What percentage of them does the bank expect to repossess at the end of the day?
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