Oireachtas Joint and Select Committees
Wednesday, 17 July 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Insolvency Service of Ireland: Discussion
4:10 pm
Mr. Lorcan O'Connor:
I agree with that. Our guidelines make it clear that they are designed solely for the purpose of availing of one of these insolvency arrangements. Those arrangements should last typically for five, six or seven years. It would not be reasonable to expect somebody to live on those guidelines for a longer period.