Terence Flanagan
Question:37 Deputy Terence Flanagan asked the Minister for Finance when policy proposals from the committee to examine debt problems of mortgage holders and householders will be published. [24734/10]
View answerThursday, 17 June 2010
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Written answers
As the Deputy is aware, in late February, I announced the establishment of an Expert Group on Mortgage Arrears and Personal Debt, under the Chairmanship of Mr. Hugh Cooney, an insolvency accountant.
The Group is initially exploring the feasibility of a range of possible options for improving the level of mortgage support to homeowners in difficulty. When this phase of the work is completed, the Group will then address the issue of Personal Debt.
I understand that the Group will be ready to report to me regarding its recommendations on the mortgage arrears issue by the end of June and I envisage that the report will be published shortly after that.