Mr. Lorcan O'Connor:

One of the challenges facing the ISI and the wider audience is the need to ensure that any remaining stigma around bankruptcy is removed. Bankruptcy is as legitimate a solution as any other and has equal standing with the DRN, DSA and PIA. As the Deputy mentioned, there will be situations in which people will not be able to avail of DSAs or PIAs because of the guidelines on reasonable living expenses, but they will be able to avail of other solutions to their problems. This is the most important point. They will return to solvency and have the second chance they deserve.