Mr. Brendan Burgess:

If it was vetoed by the bank, the Chairman could go in and get the judge to overrule the veto. A bank which is trying to get payment from a borrower that it knows has the money but is refusing to pay, it will be four to six years before it is possible to get anywhere with that borrower through the courts system. I want to see a balanced system, balanced in favour of the borrower. We have a completely lopsided system whereby borrowers who do not want to pay can get away with it for years.