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

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

Okay. As regards voluntary surrender, 545 people in family homes have given up their houses as a result of the bank requesting them to do so. As I said yesterday, many of them do so through fear that the bank will bring them before a judge and jury to have their houses repossessed.

Mr. Mason has told us that he is not writing off any of the residual debt. What steps, if any, has the bank taken to ensure that families who are forced to leave their family home have suitable accommodation to move into?

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