Oireachtas Joint and Select Committees
Wednesday, 9 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB
11:20 am
Stephen Donnelly (Wicklow, Independent)
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One of the issues that jumped at me from the provided figures was the number of court proceedings initiated in the past three months, at approximately 1,500. That is around 23 per working day, so there is a very serious amount of activity. Why have we seen such a big jump and what has changed in the bank to drive this very serious growth in the initiated court proceedings?