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
11:40 am
Kevin Humphreys (Dublin South East, Labour) | Oireachtas source
No. It would be remiss of me not to refer to the College Green branch of Bank of Ireland as I have raised it with Mr. Boucher several times. I welcome the initiative that is taking place in opening it to the public. One hopes that can be built on. I acknowledge there was some movement. It is to be hoped we can work on it.
Can Mr. Mason take the committee through assisted voluntary surrender in a way we can all understand? How does the bank deal with that and the hangover debt that remains after it has taken place? Can Mr. Mason provide an example of how it is dealt with?
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