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 ISI's role in debt settlement arrangements is not replicated in the individual voluntary arrangements, IVAs, which obtain in the UK. This means there is no direct comparator. For other common law jurisdictions such as Australia or Canada, the fees would be somewhat comparable. They are, however, on the low side in Ireland.