Jim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source

The witnesses will know the companies can go and get examinership. They go to the court because they cannot pay their debts but they do not want to go into liquidation so they get the protection of the court and their loans are restructured, subject to the views of the creditors. Is this proposed directive similar in terms of an individual availing of that process, or does that process already exist for individuals under the Personal Insolvency Act 2012?