Oireachtas Joint and Select Committees

Wednesday, 30 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process (Resumed): Insolvency Service of Ireland

11:20 am

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

The issue that is arising is people who are in positive equity but cannot meet their mortgage repayments. It is their family home and ultimately the objective here is to get the process to work, pre-bankruptcy, to keep people in their family homes.

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