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
10:40 am
Mr. Christopher Lehane:
The position maintained in the changes in the Act is that when a person is made bankrupt, the property is vested such that the half-interest in the family home vests in me from the date of adjudication. Post-discharge, it vests in me until such time as it is sold. In the first instance, I try to sell it to the spouse.
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