Oireachtas Joint and Select Committees

Wednesday, 17 July 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Insolvency Service of Ireland: Discussion

4:20 pm

Mr. Lorcan O'Connor:

In that situation, the personal insolvency practitioner would, in setting out all the options, clearly show that there is a potential solution here short of an insolvency event and, therefore, would point the borrower in the direction of what will be a formal protocol if the current pilot goes to plan, or some other solution that is available to the borrower.