Written answers
Tuesday, 7 May 2013
Department of Finance
NAMA Debtors
Pearse Doherty (Donegal South West, Sinn Fein)
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127. To ask the Minister for Finance further to Parliamentary Questions Nos 198 and 199 of 23 April 2013, when he stated the National Assets Management Agency advises that even there the bankruptcy is discharged, the bankruptcy estate continues until such time as all assets have been liquidated and the debt, insofar as possible, has been repaid and in relation to the discharge from bankruptcy in Britain of a person (details supplied) in November 2011, if he will confirm that NAMA has still not written off the unpaid debt originally owed by the person to NAMA, and that generally, NAMA has not yet written off any debt as a result of bankruptcy by its debtors in foreign jurisdictions. [21173/13]
Michael Noonan (Limerick City, Fine Gael)
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As previously advised, even where a bankruptcy is discharged, the bankruptcy trustee continues to deal with outstanding debt until such time as all assets have been realised and the debt, in so far as possible has been repaid. NAMA advises that it is precluded from commenting on individual cases. As has also been previously advised, NAMA has not written off debt arising from debtor bankruptcy applications.
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