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Personal Insolvency Arrangements

Dáil Éireann Debate, Wednesday - 7 October 2020

Wednesday, 7 October 2020

Questions (201)

Brendan Griffin

Question:

201. Deputy Brendan Griffin asked the Minister for Justice the options available to a person (details supplied) in County Kerry; and if she will make a statement on the matter. [29209/20]

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Written answers

While I have great sympathy for the personal situation the Deputy has described on behalf of his constituent, it is not possible to provide financial advice on individual cases.

However, as a general rule, if a person’s financial circumstances suffer an unexpected change due to illness or other circumstances, after they have concluded a Personal Insolvency Arrangement, section 119 of the Personal Insolvency Act 2012, as amended by section 22 of the Personal Insolvency (Amendment) Act 2015, allows an application to be made by the debtor’s Personal Insolvency Practitioner to vary the terms of the Arrangement. Further information and assistance is available from the Insolvency Service of Ireland at www.isi.gov.ie.

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