Terence Flanagan
Question:161. Deputy Terence Flanagan asked the Minister for Justice and Equality her views on reducing the bankruptcy period to one year; and if she will make a statement on the matter. [9849/15]
View answerThursday, 5 March 2015
Questions (161)
Written answers
I can advise the Deputy that I am considering the outcome of a review of the insolvency legislation, following the Statement of Government Priorities 2014-2016, with specific attention to ensuring that the legislation can work effectively to support those who are struggling with unsustainable debt. This is a priority for the me and for the Government.
I am currently engaging with my colleague the Minister for Finance on this matter, and I intend to bring proposals to Government to address the range of issues which arise. It is hoped that further announcements on proposals will be made in the near future.