Pearse Doherty (Donegal South West, Sinn Fein)
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I will put the question again. Mr. Brown should note that a report issued in recent days by the Insolvency Service of Ireland states that, on average, personal insolvency arrangements propose a write-off of 19% of secured debt, with the figure ranging from 0% to 39%. The service, therefore, informs us that, under the proposals Ulster Bank boldly claims it is not vetoing, an average of 19% of secured debt will be written off. I ask Mr. Brown for clarification on this matter. In cases in which Ulster Bank is one of the creditors, will it stick to its position that it does not write off mortgage debt, given that, on average, the personal insolvency arrangements propose to write off 19% of secured debt?