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
4:50 pm
Aideen Hayden (Labour) | Oireachtas source
I am going to call a halt now. I am asking one question that relates to agreements that have been reached relating to distressed loans where the loan book has been sold on.
Given that the situation has been evolving in recent years and that the actual agreements per semay vary in terms of their robustness, is there enough protection for agreements that have been reached between lenders that are selling on loan books and customers? If there is not, could anything be done in the context of the Bill to improve the situation?
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