Results 7,601-7,620 of 36,188 for speaker:Pearse Doherty

Written Answers — Department of Jobs, Enterprise and Innovation: Small and Medium Enterprises Supports (8 Apr 2014)

Pearse Doherty: 257. To ask the Minister for Jobs, Enterprise and Innovation his plans to increase financial flexibility for business in Border areas. [15967/14]

Written Answers — Department of Justice and Equality: Departmental Legal Costs (8 Apr 2014)

Pearse Doherty: 418. To ask the Minister for Justice and Equality the amount that has been paid to private solicitors by the Civil Legal Aid Board in 2013 and to date in 2014. [15961/14]

Written Answers — Department of Health: EU Directives (8 Apr 2014)

Pearse Doherty: 596. To ask the Minister for Health if he will meet families of children with Duchenne muscular dystrophy to discuss their concerns regarding the lack of implementation of the EU Cross-Border Healthcare Directive and its impact on their families. [16251/14]

Written Answers — Department of Health: EU Directives (8 Apr 2014)

Pearse Doherty: 597. To ask the Minister for Health when the EU Cross-Border Healthcare Directive will be fully implemented; and if he will make a statement on the matter. [16252/14]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: I welcome representatives of Ulster Bank to the meeting. I also welcome the news that the bank will continue to operate as a financial institution on the island of Ireland. That is as far as my welcome extends. The focus of the meeting is mortgage arrears target, although other issues arise regarding Ulster Bank. I corresponded with Mr. Brown who asked his public relations staff to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: I will put the question again. Mr. Brown should note that a report issued in recent days by the Insolvency Service of Ireland states that, on average, personal insolvency arrangements propose a write-off of 19% of secured debt, with the figure ranging from 0% to 39%. The service, therefore, informs us that, under the proposals Ulster Bank boldly claims it is not vetoing, an average of 19%...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: Sorry, as there is a time limit, I will ask a simple question for the third time. Ulster Bank has made the bold statement that it does not write off mortgage debt, in other words, secured debt. The bank has a veto over personal insolvency arrangements. Given that these arrangements will, on average, propose the writing off of 19% of secured debt, will Ulster Bank stick to its position, as...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: I understand Mr. Bell's answer to be a "No".

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: I spent four minutes trying to elicit that answer. Basically, Ulster Bank will veto the personal insolvency arrangements because in cases where the Insolvency Service of Ireland has proposed a write-down of secured debt, the average amount is 19%.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: Ulster Bank will not approve a personal insolvency practitioner, (PIP), recommendation because the chief executive of Ulster Bank has stated the bank does not write off mortgage debt.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: In that case, the personal insolvency practitioners and insolvency service are wrong to propose write-downs of up to 39% of secured debt.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: I will move on. It am disappointed with the way in which Ulster Bank proposes to deal with the Insolvency Service of Ireland and personal insolvency arrangements. How can Ulster Bank justify the fact that 5,675 of its customers have not been offered any type of long-term proposal?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: The bank has made 11,231 proposals. The number of customers in arrears of 90 days or more in the residential and buy-to-let sectors is 16,906. One must, therefore, conclude that 5,675 of these customers have not been offered a proposal under the March targets.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: Mr. Bell is referring to primary dwelling houses only. We are dealing with the mortgage arrears resolution targets in total.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: According to the figures Ulster Bank has provided to us, the number of primary dwelling houses in arrears of 90 days or more at the end of December 2013 was 14,231. The figure in relation to buy-to-let properties was 2,675.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: When those figures are added up, one gets the figure of 16,906 that I have mentioned.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: The number of proposals made by Ulster Bank, including legal letters, is 9,551 in respect of primary dwelling houses and 1,680 in respect of to buy-to-let properties. When the sum of those figures is subtracted from the figure of 16,906 that I have mentioned, one gets a figure of 5,675. I will not waste any more time on figures. Instead, I will ask a question about legal proceedings. It...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: That is from the start of the mortgage arrears resolution target. Is it the case that these are cumulative?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: Okay. Is it the case that no judgments have been enforced on foot of legal proceedings since that period?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Pearse Doherty: Okay. When the officials presented before this committee in September of last year, they provided answers to the questionnaire in a similar form. At that time, the bank had 143 legal judgments enforced. The bank also had 177 court judgments obtained up to the end of last year. That figure was 180 in September. It seems, therefore, that three court judgments were lost along the way. How...