Dáil debates
Thursday, 2 February 2012
Debt Management Companies
3:00 pm
Joan Collins (Dublin South Central, People Before Profit Alliance)
I thank the Minister for his reply, which covers a lot of points, but he is not saying that there is any guarantee for those involved with this company that their moneys will be refunded to them in some way through the Central Bank, or that they will be paid first. That is a huge concern for the people involved. I know the Minister is saying that he cannot comment further prior to the finalisation of the report, but people would like to hear that they will get priority and will receive their money first. In future it will be important that companies have a bonding system to protect customers in such cases.
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