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IBRC Liquidation

Dáil Éireann Debate, Thursday - 14 February 2013

Thursday, 14 February 2013

Questions (142)

Michael McGrath

Question:

142. Deputy Michael McGrath asked the Minister for Finance if all restructuring arrangements entered into by the Irish Bank Resolution Corporation prior to its liquidation with its customers in respect of mortgage arrears will now remain in place; and if he will make a statement on the matter. [7957/13]

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Written answers

All restructuring arrangements entered into by Irish Bank Resolution Corporation Limited prior to its liquidation remain in place. The contractual terms and conditions of mortgage customers will not change as a result of the appointment of the Special Liquidators and all debts owing to IBRC (In Special Liquidation) remain due and enforceable.

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