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
12:50 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Let us take a person who has lost a job and as a result does not have the capacity to do a deal with the bank. The bank then moves to repossess the home. It knows that the person has no money and will be struggling to put a roof over his or her head, yet it still proposes to initiate legal proceedings to try to get blood out of a stone.
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