Mr. Lorcan O'Connor:

Invariably, people have more than the one debt so the mortgage probably dwarfs all others by a significant margin but, typically, they may have four or five other debts. Quite often, although one's credit card or credit union loan is only a few thousand euro, the fact that they are actively pursuing one for payment can mean that, unintentionally or otherwise, one's mortgage comes under threat simply because one is trying to pay other debts.

In that case a personal insolvency practitioner can deal with all those smaller distractions and focus on the mortgage. What a PIP can usually do in those circumstances is make that sustainable through various tweaks or adjustments to the mortgage. It is rare that it is a family mortgage and nothing else, but in the vast majority of cases it will always be the largest loan.