Dáil debates

Tuesday, 28 May 2019

Vulture Funds: Motion [Private Members]

 

7:50 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

There may well be a deal to be done on an outstanding deficit in the loan account but one will lose one's home. I have not had success, and I am not aware of other groups having had success, in entering into new long-term restructuring arrangements with these loan owners or so called vulture funds. They are incredibly difficult to deal with and it is frustrating trying to get any feedback whatsoever.

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