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

12:20 pm

Mr. Lorcan O'Connor:

In that situation, we are doing our best to ensure that the learning curve is steep in order that banks will realise this and will, therefore, engage. Hopefully, over time they will realise that. As the Deputy indicated, it is not in their interests for such a scenario to evolve.