Tuesday, 26 February 2013

Questions (531)

Stephen Donnelly

Question:

531. Deputy Stephen S. Donnelly asked the Minister for Justice and Equality further to Parliamentary Question No. 518 of 12 February 2013, if he will provide a specific date for when the Personal Insolvency Service will accept applications from borrowers seeking debt relief and specific dates for when case studies of resolutions will be published; and if he will make a statement on the matter. [10352/13]

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Written answers (Question to Justice)

The Insolvency Service is currently focused on priority work streams for the establishment of the Office.

The date when the Personal Insolvency Service will accept applications from borrowers will be determined by the finalisation of the Information Technology infrastructure currently being developed which will operate between the Personal Insolvency Practitioner, the ISI and the Courts Service. It is also dependent on the selection and appointment of six new specialist Judges to the Circuit Court and the making of Regulations for the authorisation and supervision of Personal Insolvency Practitioners. It is anticipated that this date will be during the second quarter of 2013 and the public will be informed in advance when the ISI are ready to process such applications.

I understand that various scenarios of possible resolution outcomes for each of the three new debt arrangements will be available on the ISI's website which will be operational in due course.