Dáil debates
Wednesday, 2 October 2013
Mortgage Restructuring Arrangement Bill 2013: Second Stage (Resumed) [Private Members]
6:00 pm
Michelle Mulherin (Mayo, Fine Gael) | Oireachtas source
I welcome the opportunity to speak on this Bill. The effect of mortgage debt, the massive burden described by previous speakers, is terrible and tragic. I welcome the aspect of the Bill that seeks to deal with this issue. However, there is a need to put forward real solutions and this Bill, sadly, is questionable from a constitutional and from a drafting point of view. I agree we must offer hope to people. There is hope in this country; there is always another choice and a way out. We can fine-tune solutions but we should not create false dawns for people, as this draft legislation does. It is a piece of legislation that might encourage some people to engage in strategic default-----
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