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
11:10 am
Mr. Lorcan O'Connor:
I do not have a view as to whether it is high or low because the primary responsibility of a PIP is to deliver a sustainable solution to allow the person return to solvency. There are many cases in respect of which a write-off is not necessary. I can give the Deputy what might sound like an impressive percentage. We have 150% more PIAs than we did at the beginning of April.