Seanad debates
Tuesday, 4 December 2012
Personal Insolvency Bill 2012: Committee Stage (Resumed)
7:35 pm
Terry Brennan (Fine Gael) | Oireachtas source
I ask the Minister if a loan of ¤30,000 was taken on a 20-year term and one or both of the borrowers become unemployed, how will the outstanding balance, which could be anything from ¤25,000 to ¤30,000, be paid? Will the borrowers be covered by this section?
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