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

Mr. Lorcan O'Connor:

We have been speaking with PIPs throughout the country. They are saying that there has been an initial engagement with people who say they have a problem and are asking for help. The PIP says that in principle they believes they can. However people still want to see others successfully go through before formally signing on the dotted line. As we produce more statistics or as people become aware of their neighbour successfully going through the process, the engagement will increase.

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