Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Joint Oireachtas Committee on Justice, Defence and Equality
Insolvency Services: Insolvency Service of Ireland
2:00 pm
Pádraig Mac Lochlainn (Donegal North East, Sinn Fein) | Oireachtas source
Deputy Niall Collins referred to the issues arising in Limerick. In terms of the number of people who might have consulted a personal insolvency practitioner, what impact does Mr. O'Connor believe the service has made? The numbers who availed of the personal insolvency route were much lower than anticipated in the year since the legislation was introduced. In fairness, that is reflected in the proposed amendments. How many people might have decided against pursuing the personal insolvency route because of the bank veto?
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