Oireachtas Joint and Select Committees
Wednesday, 30 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process (Resumed): Insolvency Service of Ireland
11:30 am
Pearse Doherty (Donegal South West, Sinn Fein)
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Let us compare the figures for 2011 with 2013, which is more historical.
Out of the 86 with family homes who went into bankruptcy, only 25 are secure in their family homes. The other ten are in default. Either way, two thirds of them have lost their family homes through voluntary surrender or otherwise.