Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The question was how concerned Mr. Masding would be if one of the vulture funds to which his bank has sold a customer account did that. They are entitled to state that the arrears should be paid within 30 days or that they would be left with no option but to appoint a receiver to the account. The loans are sold in the first instance because they are non-performing or restructured, so there are arrears. A vulture fund can state that the customer should pay up within 30 days or a receiver will be appointed. It is clever as they can avoid the courts. How concerned would Mr. Masding be if the fund to which his bank sold its customers' accounts employed the same practice with the thousands of buy-to-let mortgages that have been sold in the past 12 months? Would he have such a concern? Perhaps he has no concerns whatever about that happening?