Oireachtas Joint and Select Committees

Thursday, 2 March 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Debt Write-down and Debt Resolution Policies: Allied Irish Banks

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I am familiar with the process, but what happens after the borrower dies and the debt has to be dealt with? What chances do the family have, or are they even given an opportunity, to redeem the loan? Does the bank give them an opportunity to redeem the loan?

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