Kieran O'Donnell (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

In the time remaining I wish to ask about decoupling business debt from mortgage debt. In one case I found that there was equity in the family farm and the mortgage on the home was very high. A situation arose under the cloud of trying to restructure the debt, and they flogged the business asset to reduce the mortgage in order to get the mortgage loan ready for selling on. There is an element of that taking place, but perhaps I am being a small bit Machiavellian.