Oireachtas Joint and Select Committees

Tuesday, 17 May 2016

Committee on Housing and Homelessness

Insolvency Service of Ireland

10:30 am

Mr. Lorcan O'Connor:

I will finish my point on statistics and I will then return to Deputy Durkan's concern. Of the 11 cases that have gone through the process so far, one has been rejected by the court based on technical eligibility criteria. That leaves ten cases and in eight of these, the finding was in favour of the debtor. We are not aware of the outcome in the two other cases because they were withdrawn. However, eight have ultimately resulted in a solution that backs up the debtor's original position.

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