Oireachtas Joint and Select Committees

Wednesday, 25 October 2017

Joint Oireachtas Committee on Justice, Defence and Equality

Mortgage Arrears Resolution (Family Home) Bill 2017: Discussion

9:00 am

Photo of Mick WallaceMick Wallace (Wexford, Independent) | Oireachtas source

I thank Mr. O'Connor very much for his presentation. He talks a lot of sense. He started off by saying that since opening, the ISI has returned almost 6,000 debtors to solvency, and approximately 2,000 of those cases were PIAs dealing with mortgage debt. In over 90% of these PIA cases, debtors have been able to stay in their homes. Does Mr. O'Connor have a figure for the number of people who have failed to get into the system because of the bank's veto?

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