Dáil Éireann Debate, Tuesday - 7 October 2014
288. Deputy Joe Carey asked the Minister for Justice and Equality her plans to amend the Personal Insolvency Act 2012 to reduce the automatic discharge from bankruptcy from three years to one year; and if she will make a statement on the matter. [37900/14]
View answerThe reform of the bankruptcy regime under the Personal Insolvency Act 2012, which reduced automatic discharge from bankruptcy from 12 years to 3 years, constituted a far-reaching and substantial reform of our bankruptcy law.
I can confirm that, at the moment, there is no intention to amend the law on the bankruptcy term; however, I will continue to keep the legislation under review.
