292. Deputy Róisín Shortall asked the Minister for Finance his views on recent media reports that state that serious consideration is being given by the Central Bank of Ireland to use a UK based company (details supplied) to facilitate the pilot approach to the Central Bank of Ireland framework for resolution of multiple debts; if he will clarify this point outlining the reason this group is being considered at this time in view of the fact that they have no previous experience or involvement in the Irish market and therefore no experience of dealing with the unprecedented problems facing distressed Irish borrowers at the present time; the reason the Money Advice and Budgeting Service with a proven track record in the Irish market and a strong local community based presence, has been overlooked in this regard; and if he will make a statement on the matter. [24354/13]

Summary

292. Deputy Róisín Shortall asked the Minister for Finance his views on recent media reports that state that serious consideration is being given by the Central Bank of Ireland to use a UK based company (details supplied) to facilitate the pilot approach to the Central Bank of Ireland framework for resolution of multiple debts; if he will clarify this point outlining the reason this group is being considered at this time in view of the fact that they have no previous experience or involvement in the Irish market and therefore no experience of dealing with the unprecedented problems facing distressed Irish borrowers at the present time; the reason the Money Advice and Budgeting Service with a proven track record in the Irish market and a strong local community based presence, has been overlooked in this regard; and if he will make a statement on the matter. [24354/13]

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• Debt Resolution Pilot Scheme

  xml · EN · 21 May 2013

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