Results 4,241-4,260 of 26,021 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Those are standard requirements. My question is how they will be regulated when they are up and running.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Are those powers sufficient?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Will the practitioners be required to make annual returns?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: There has been much abstract discussion about costs. I want to boil it down to basics. Those availing of the service include those applying under the debt relief notice scheme. These people will not be property owners, they will probably be in receipt of social welfare payments and they will have unsecured debts. What fees will these applicants incur? What will be the cost for ordinary...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: To whom will that money be paid?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Will people be able to pay by direct debit? Is there any mechanism in place to allow people who cannot afford the entire amount to space their payments over a period?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Given that we are discussing people experiencing hardship, will the ISI be in a position to exercise discretion?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: What will be the cost for someone who wants to avail of a debt settlement arrangement?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Will that be payable to ISI?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Is this also based on the UK model?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Again, I presume there is no mechanism to allow people to pay over a period.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: What will be the cost of a personal insolvency arrangement?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: If someone chooses bankruptcy, he or she will be obliged to pay €740 or €750 immediately?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Are the costs relating to personal insolvency arrangements also based on the UK model?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Is there an equivalent of the debt settlement arrangement in the UK? If so, what is the cost involved?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: If people cannot afford to pay €250 or €500, they cannot avail of these schemes as constituted.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: What has been the level of interaction by the ISI with the financial institutions in recent times in the context of the operation of this scheme? I am particularly interested in hearing about how the banks are dealing with personal insolvency arrangements, but perhaps Mr. O'Connor could also comment on their approach to debt settlement arrangements.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: If the banks' IT systems are not up to date or they do not have the correct procedures in place, does the ISI have at its disposal any legal tools to force them to co-operate? There could be one bank which might be ready to deal with customers who are in financial difficulties as a result of the crisis, while the other banks might be dragging their heels. There is an inconsistency in this...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: So Mr. O'Connor expects them to be operational?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Is that the case for all of the institutions?