Fianna Fáil introduce legislation that will allow borrowers to appeal a bank’s veto

Michael McGrath, Fianna Fáil's finance spokesperson, has introduced legislation that will give borrowers the right to appeal a bank’s veto over a Personal Insolvency Arrangement.

Fianna Fáil’s Personal Insolvency (Amendment) Bill 2017 has been drafted in response to a September decision from the Circuit Court that decided that the borrower has no such legal authority.