Wexford TD Mick Wallace, who was declared a bankrupt on Monday, has arrears totalling 235,571 on mortgages associated with three houses he owns, according to his statement of affairs.
All three semi-detached properties are in negative equity and are secured against mortgages from AIB and also secured against loans from ACC.
Mr Wallaces family home in Clontarf has a value of 800,000 and a mortgage of 908,177 according to the statement of affairs. Arrears are 77,041.
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