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
11:50 am
Kevin Humphreys (Dublin South East, Labour) | Oireachtas source
When a mortgage is written off, does that not keep pushing people into bankruptcy? If a solution is proposed, the bank uses its veto because it is a write off on the mortgage. If the bank keeps using its veto in the manner in which it says it is going to use it because it says it does not do write offs on mortgage, does it accept that the only solution is bankruptcy?
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