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Mortgage Arrears

Dáil Éireann Debate, Wednesday - 6 June 2012

Wednesday, 6 June 2012

Questions (632)

Brendan Griffin

Question:

636 Deputy Brendan Griffin asked the Minister for Justice and Equality his views on correspondence regarding distressed mortgage holders (details supplied); and if he will make a statement on the matter. [27353/12]

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Written answers

The Personal Insolvency Bill is currently being drafted by my Department in cooperation with the Office of the Attorney General and Parliamentary Counsel. This is a very lengthy and complex Bill from a legal standpoint, with proposed provisions which do not currently exist in Irish law. I can assure the Deputy that the Bill remains a legislative priority for the Government and it is expected that the Bill will be published at the end of this month with the strong intention to commence Second Stage in the Dáil prior to the Summer recess to facilitate early passage of the legislation through the Oireachtas in the Autumn session.

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