Dáil debates

Wednesday, 4 March 2015

Family Home Mortgage Settlement Arrangement Bill 2014: Second Stage (Resumed) [Private Members]

 

7:25 pm

Photo of Éamon Ó CuívÉamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source

In any event, the unsecured creditors do not have these rights. Consequently, it is time to stop hiding behind the Constitution. I put it further to the Minister of State that since this Bill is urgently needed, since the Government's mortgage-to-rent scheme has failed completely, having helped 50 people out of the 117,000 people in arrears, of whom 60,000 are in arrears of more than a year and since the Personal Insolvency Act has made no dent of any material amount in the number of people in arrears, if the Government really believes the Bill is unconstitutional, it is time to bring forward a one-line constitutional amendment to correct it.

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