Martin Kenny (Sligo-Leitrim, Sinn Fein) | Oireachtas source

I support the intention of the amendment. The idea that secure creditors can block a deal from proceeding is an issue that needs to be dealt with, and I would be interested to hear what the Minister of State has to say about it. If there is an alternative way of dealing with it, that is absolutely fine. I appreciate that what Deputy Fitzpatrick has tabled tries to ensure the best interests of people who are in serious trouble, who have major levels of stress in their lives and who have to go through the indignity of getting through this process. The amendment ensures they can do so without being held to ransom by some lending institution that can just block them and stop them from moving forward. There is a validity to the amendment and I hope that it or some version of it can be accommodated by the Minister of State, if not now then at a later date.

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