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

12:40 pm

Mr. Lorcan O'Connor:

Not necessarily around the protocols but generally, including the IMHO, FLAC, New Beginning, MABS, the Citizens' Information Bureau and Phoenix Project Ireland. In relation to the protocol, we have the membership of the steering group, which represents all of the main interest groups, but I would go back to the point that, ultimately, it is a PIP and creditor protocol.

Returning to the Deputy's former point that there are large and small PIPs involved, the protocol really is there to help the smaller PIP rather than the larger one.