Pearse Doherty (Donegal South West, Sinn Fein)
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Mr. Lehane mentioned the transfer of half of the asset that lies in the office of the ISI to the spouse and the fee of €5,000. I do not understand it so I will present an example as I think it is and the witnesses can tell me where I am wrong.

If I am a husband and my wife has gone bankrupt and our mortgage is €300,000, the ISI holds half of the family home, but I am still liable to the bank for the full €300,000 granted to me through a mortgage. The bank will squeeze me for every single penny and the ISI offers me the opportunity to buy the other half of the family home, for which I am fully liable, for a minimum of €5,000. Is that right? Can I pay in instalments?