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:
My role as official assignee is to act for the benefit of both creditors and debtors. Interest has been vested in me. If it has no value for the moment, there is nothing that can be sold on the open market. The Chairman may want to revisit the €5,000 fee, but the interest continues to vest in me until such time as an acceptable offer is made and I sell it back.
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