Oireachtas Joint and Select Committees

Wednesday, 17 July 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Insolvency Service of Ireland: Discussion

3:30 pm

Mr. Lorcan O'Connor:

The personal insolvency arrangement is slightly different in that it includes the treatment of secured debt. As a result, it is not directly comparable with other jurisdictions. If we compare the position on bankruptcy, the benchmark in Ireland is €740 or €750 whereas in the UK it is slightly higher than this.

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