Martin Conway (Fine Gael) | Oireachtas source

Senator Craughwell spoke about his own personal experience of repossession. I agree with him that there is always a tomorrow. That tomorrow will come is an important message to get out to people. Unfortunately, for some of our citizens because of the way they were treated by their creditors, they did not see a tomorrow and took a different course of action. That has happened far too often as a result of this crisis.

That said, the Government may have been slow to realise the mortgage arrears situation but it does now. Proposals are being put together to take a mature, sensible and long-term approach to dealing with people in arrears.