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

11:50 am

Photo of Aideen HaydenAideen Hayden (Labour) | Oireachtas source

My point is that one can be absolved of one's ownership but not of one's debt. That is the bottom line. It is illogical to sever a joint tenancy of a property to give a half portion and still not sever the mortgage as well to separate the liability in respect of the mortgage. I take that as an answer. I am just putting my comments on the record. I think it is entirely unfair to the other party.

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