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    Filtered by: Stephen Donnellyx

    Personal Insolvency Bill.

    Personal Insolvency Bill.

    The Personal Insolvency bill passed all stages of the Oireachtas last night, clearing the way for reform of the country’s bankruptcy laws. The new regulations, to be enacted before the end of the year, are meant to assist distressed debtors and those in mortgage arrears. The legislation reduces the period of insolvency from 12 to three years and allows debts of up to €3 million be written off.But will the banks play ball? Comments from the banking industry in recent days have raised concerns that debt forgiveness is not being contemplated by the banks. Joining Pat was Independent TD Stephen ...

    http://www.rte.ie/radio1/today-with-pat-kenny/programmes/2012/1220/359828-today-with-pat-kenny-thursday-20-december-2012/?clipid=976706
    Banks

    Banks

    Banks are “running rings” around the Government because they are fundamentally frightened of them according to Wicklow independent TD Stephen Donnelly. Fellow Independent , Shane Ross has expressed similar sentiments. He claimed this week bankers were beginning to “surface from their bunkers, with evictions for borrowers in debt, less money passing from bankers to taxpayers and the looming threat of crucifixion for customers”. He was writing in the Sunday Independent. So is the Government doing enough to protect us? Last week Michael Noonan announced that it was removing the bank guarantee scheme to persuade the markets that the country has ...

    http://www.rte.ie/radio1/today-with-pat-kenny/programmes/2013/0306/374387-today-with-pat-kenny-wednesday-6th-march-2013/?clipid=1022072
    Banking and Mortgages

    Banking and Mortgages

    On Friday we spoke with Michael Dowling, who, under the new personal insolvency legislation will work to mediate between people in unsustainable debt and their bank. But how does this translate to mortgages? And in reality, are banks co-operating? Pat was joined by Karl Deeter of Irish Mortgage Brokers and by Independent TD for Wicklow, Stephen Donnelly.

    http://www.rte.ie/radio1/today-with-pat-kenny/programmes/2013/0422/383825-today-with-pat-kenny-monday-22-april-2013/?clipid=1059344

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