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

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11:10 am

Mr. Lorcan O'Connor:

We are in agreement that the same level of protections in bankruptcy do not exist in the PIA. The Deputy also referred to the low number of PIAs entered into during the first quarter and the average write-off in this regard being 19%.

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