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
Donnchadh Ó Laoghaire (Cork South Central, Sinn Fein) | Oireachtas source
For many people, the process so far has merely delayed repossession, surrender or sale and they cannot be certain their debt has been resolved in the long term. The Insolvency Service of Ireland outlined up to 20,000 mortgage arrears cases could be at particular risk of repossession, surrender or sale. If the status quois maintained and there is no change to existing legislation, does the Insolvency Service of Ireland believe there could be increased numbers of repossessions and surrender?
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