Dáil debates
Tuesday, 3 March 2015
Family Home Mortgage Settlement Arrangement Bill 2014: Second Stage [Private Members]
8:55 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
People are being forced into bankruptcy. Is the Government's solution for people in mortgage arrears to end in bankruptcy? That is the coded message it is sending. The banks know they have the option of bankruptcy with a three year discharge period with another few years of debt hanging over people's heads. People in mortgage arrears should not have to become bankrupt to have their mortgage problem dealt with.
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