Oireachtas Joint and Select Committees

Wednesday, 3 December 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Business of Joint Committee
General Scheme of Sale of Loan Books to Unregulated Third Parties Bill 2014: Discussion

5:00 pm

Mr. Paul Joyce:

That may well be, but if one is looking at a long-term restructuring arrangement such as a split mortgage where a comparatively small portion of what is the original contractual instalment is being paid, I would have my doubts about whether the goal posts would not be changed even though an arrangement is in place.