Oireachtas Joint and Select Committees
Wednesday, 17 July 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Insolvency Service of Ireland: Discussion
4:00 pm
Stephen Donnelly (Wicklow, Independent)
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I understand that a voluntary pre-insolvency restructuring would be in their interests, but it would not necessarily be in the interests of the bank. Therefore, the bank will quite happily sit there and say "We're not really worried about what your standard of living is. If you are paying your debts, and continue to do so, then that's fine."