Oireachtas Joint and Select Committees

Wednesday, 3 December 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Business of Joint Committee
General Scheme of Sale of Loan Books to Unregulated Third Parties Bill 2014: Discussion

3:00 pm

Photo of Paul MurphyPaul Murphy (Dublin South West, Socialist Party) | Oireachtas source

Is it not an anomaly that a person with a loan with a banking institution that outsources credit servicing can, if the owning institution is pre-existing, for example, Bank of Ireland, take a case against it but in another situation might have to pursue the servicer? It is potentially confusing for people.

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