Mr. Lorcan O'Connor:

It is true to say that the protections around the family home that are inherent within the personal insolvency legislation and the PIA do not exist in bankruptcy. However, the survey carried out over the limited period of the last four years indicates that in many cases people retain their family home. I would not dispute the Deputy's statistics, with one exception. The largest category of people made bankrupt over the past number of years are those who do not own a family home but are renting. When this is taken into account the percentage of people who retain their home, as per the survey, is slightly higher.