Independent TD for Wicklow and East Carlow. Fighting for job creation, economic justice and political reform.

Subscribe to Newsletter

Mortgage Debt
'What does that all mean,' asked one man who had just lost his home

‘What does that all mean,’ asked one man who had just lost his home

‘What does that all mean?” This is what one man asked in Bray Circuit Court last Monday morning. Simon [name changed] had just lost his home. The registrar ruled against the ‘defendant’ and in favour of the bank seeking possession of the property. She ordered a five-month stay to allow Simon time to find alternative...
Housing and home ownership: What should we do?

Housing and home ownership: What should we do?

According to today’s Behaviour and Attitudes survey, just one person in 10 who are aged in their twenties, thirties or forties believes the Government is doing enough to help people buy a home. It’s a damning indictment, and not at all surprising. The challenges in housing are of course far wider than buying homes. The...
More must be done for thousands of households in Mortgage arrears

More must be done for thousands of households in Mortgage arrears

The Joint Committee on Finance, Public Expenditure and Reform has issued a report on the mortgage arrears resolution process. It highlights the inadequacies of the Government’s response to date. The Government’s failure to act decisively means we have turned an economic crisis into a human one. As legislators, we’ve been failing those in debt. We...
Chatting to Patrick Honohan about Anglo Irish Bank

Chatting to Patrick Honohan about Anglo Irish Bank

On the 30th April, I asked Governor of the Central Bank, Professor Patrick Honohan, his opinion on the recent Anglo Judgement. I asked him whether he believes it’s acceptable that some of the banks are publicly stating they will go against the spirit of the new insolvency legislation. We now have a judgement saying that...
How can we get more people using insolvency?

How can we get more people using insolvency?

On the 30th April, I chatted to Lorcan O’Connor, head of the Insolvency Service of Ireland and Chris Lehane, the official assignee in bankruptcy. I asked what changes could be made to allow more people to access insolvency and bankruptcy. I highlighted the problems surrounding voluntary arrangements. In the case of many of the banks,...
Four conversations with Bankers

Four conversations with Bankers

On the week commencing Monday April 7th, the Finance Committee welcomed representatives of the four main banks in for a chat. They came in to tell members of the Oireachtas how they’re getting on with the Mortgage Arrears crisis. We met Ulster Bank on the 9th of April. I asked about the Bank’s policy on...