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:

Yes. In terms of the average write-off, the Deputy will see from the data that within the new PIAs 0 to 69% of secured debt was written off. The average write-off is 40%.

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