Number of houses surrendered in bankruptcy rises sharply

31st May, 2015

Almost 200 bankrupts surrendered their family homes in a 14-month period to early March, according to new data.

Figures from the Department of Justice and the Insolvency Service of Ireland (ISI) reveal that 177 bankrupts surrendered their family home between January 1, 2014 and March 8 this year.

This is a sharp increase on the number of family homes surrendered in bankruptcy in previous years, albeit against a rising trend of bankruptcy cases.

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