Question to the Minister for Finance (Mr Michael Noonan, TD)
To ask the Minister for Finance further to the Central Bank of Ireland’s planned pilot scheme for debt mediation, the reason the Money Advice and Budgeting Service was not engaged in the process; his views on the involvement of a charity which is funded by the credit industry; and if he will make a statement on the matter. – Jerry Buttimer.
For WRITTEN answer on Thursday, 13th June, 2013.
REPLY
The service provider for the pilot framework approach to the co-ordinated resolution of multiple debts owed by a distressed borrower has not yet been selected. However, I am informed by the Central Bank that a process to select a provider is to be run over the course of June and that all parties who have expressed an interest in participation will be considered. As part of this process, consideration will be given to how the prospective providers can demonstrate that the service will be impartial and independent.