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

10:50 am

Mr. Christopher Lehane:

What it does do is that it gives clarity. When a person comes into us, that is one of the first questions put to us and we explain the position to him or her. We advise how quickly they can choose to get family and friends to buy out the interest of the official assignee and they have absolute comfort from that day that the spouse then owns the full family home.