Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

I thank Mr. Boucher. I think where he has gone with this is exactly where we need to go. We are here on behalf of the State which has a 14% shareholding in the bank at the moment. I believe Bank of Ireland is taking a different approach to people in arrears from all other institutions. We had the announcement yesterday from the Irish Mortgage Holders Organisation as to how it is dealing with AIB customers and the capacity to deal with it in a robust manner. How many people who are in arrears have had to sell their houses? As Deputy Regina Doherty pointed out earlier, there are 4,000 people against whom Bank of Ireland is considering taking legal proceedings in respect of their PDHs, their private homes, potentially losing their homes. In the event of them losing their homes, does the bank keep them on the line for the money they were not able to repay?