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Bankruptcy Data

Dáil Éireann Debate, Wednesday - 31 May 2017

Wednesday, 31 May 2017

Questions (104)

Michael McGrath

Question:

104. Deputy Michael McGrath asked the Tánaiste and Minister for Justice and Equality the number of persons each year since 2012 petitioned into bankruptcy by a fund on debt purchased by the fund from a bank; the number of these cases in which assets were surrendered prior to the bankruptcy and residual debt remained; the number of these cases in which the family home was lost as a result of the bankruptcy; and if she will make a statement on the matter. [26106/17]

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Written answers

I am advised by the Insolvency Service of Ireland that since 2012, one person was petitioned into bankruptcy by a debt purchasing company. The debtor was adjudicated bankrupt in December 2016, and is still resident in the family home.

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