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

12:00 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

Just taking the figure of 5,321 legal proceedings, if we assume that one in five legal proceedings, not including threatening letters, will end up in repossession, the figure is still in excess of 1,000. Would that figure jar with Mr. Boucher's sense of what is going to happen in the coming months and years?

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