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Dáil
‹ Order of Business

Insolvency Bill

Summary

Seamus Healy asks for urgent progress on the Insolvency Bill amid widespread mortgage distress; the Tánaiste expects Report Stage in early November.

Large numbers of home owners are under serious financial pressure. Negative equity is one issue but a more pressing one is the fact that 10% of mortgage holders - over 100,000 families - are in serious mortgage distress. In that context, when will the Insolvency Bill be back in this Chamber? I hope the Tánaiste will say it will be before us next week.

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I understand that it is intended that Report Stage of the Insolvency Bill will be in early November.

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