Oireachtas Joint and Select Committees

Tuesday, 8 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Ulster Bank

3:40 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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Again, I will hold the delegation to that because not every bank is doing so.

Let me refer specifically to those who are in many cases forced into voluntary surrender, by circumstance or by the bank. The cause remains to be seen. I wish to ask about the unemployed, in particular. People have lost their jobs and are dependent on social welfare through no fault of their own in most circumstances. Are these the individuals who are facing voluntary surrender or legal proceedings, or is the bank doing deals for the unemployed?