Stephen Donnelly (Wicklow, Independent) | Oireachtas source

I wish to pick up on two things that were discussed. First, who can avail of the insolvency arrangement process? Some 240,000 mortgages are currently either in arrears or restructured and not in arrears, most of which are on temporary forbearance measures. They have not been restructured in a sustainable manner. There are an awful lot more people - but we do not know how many - who are paying too much of their income to stay out of that group.

If I understood Mr. O'Connor's earlier answer correctly, he said that if, after paying debts, a person has less money left than is specified in the ISI's reasonable standard of living guidelines, then it is accepted that he or she is insolvent and can therefore initiate an insolvency process.