Oireachtas Joint and Select Committees
Wednesday, 26 February 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Sale of IBRC Mortgage Loan Book: Discussion
Mr. Kieran Wallace:
I do not know the specifics of that case but I understand the individual's concerns. The restructuring agreements with IBRC that I have seen certainly extend beyond one year. Many of them extend to three years, five years or longer. It is certainly not the norm in the restructuring agreements I have seen.