Oireachtas Joint and Select Committees

Wednesday, 30 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process (Resumed): Insolvency Service of Ireland

12:00 pm

Mr. Lorcan O'Connor:

It is remarkably difficult to give the committee an accurate figure. I would have thought the numbers would be higher today than they are, notwithstanding the fact that they are probably along the lines of the experience of other jurisdictions. Anyway, I would have been of the view, given the backlog or the perceived backlog of cases, that we would not have had that slow run-in. Therefore, it is very difficult to say. I simply do not have an actual number to offer.