Yeah, not sure why anyone would of had any faith in Pirate after he had lied so often......... ^ sorry to hear you lost some coins...... 500 btc? would you really want someone to sell there house over 5 grand?....
Where I am currently living, bankruptcy is publicly announced and divulged in any job application (killing your career forever). For someone in Patrick's profession, bankruptcy results in legally-mandated termination and permanent ineligibly for future employment. The societal attitude, if anything, is that this punishment is much too lenient.
Whether you think Patrick should fork over his house or not depends on cultural values.