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
Mr. Stephen Mason:
Whether the customer has the unsecured debt with us or another bank which has signed up to the protocol, we all understand that the secured debt - the mortgage - takes priority. Keeping people in their homes takes priority. If that means we must write off unsecured debt, we will write it off.
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