Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Going back to Mr. O'Sullivan's earlier comment, somebody going into an assisted voluntary sale would be more encouraged. I dealt with a case which the Permanent TSB handled quite well. Following a separation a young woman and a child were living in a one-bedroom apartment. This apartment had been bought for €250,000 and is probably worth approximately €80,000 now. This would be an unsustainable living situation never mind an unsustainable debt for the remainder of the woman's life. In such situations, where people can see the end game of the resolution process, they are favourable towards voluntarily surrendering property.