Dáil Éireann Debate, Tuesday - 7 May 2013
278. Deputy Tom Hayes asked the Minister for Justice and Equality if a person and their spouse apply for insolvency, will entering into an insolvency agreement affect their spouse's qualified financial adviser qualification; and if it will affect other employment opportunities with AIB, Bank of Ireland or other State-owned banks or other companies. [21206/13]
View answerThe Personal Insolvency Act 2012 does not require that a person's employment be affected by entering into an insolvency arrangement. However, certain professions may be governed by bodies where personal finances may be subject to regulation requirements.
Therefore, it would not be appropriate for me to comment on the possible consequences of a person entering into an insolvency arrangement. It would, rather, be a matter for the relevant professional body and/or employer, as the case may be. I should also note that the specifics of individual cases whereby persons may be seeking an insolvency arrangement are a matter for the Insolvency Service of Ireland rather than for me as Minister.
