Dáil debates

Thursday, 12 May 2011

10:30 am

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein)

On promised legislation, the heads of Bill have not yet been agreed for the personal insolvency Bill. All of us will agree that yesterday the Master of the High Court set out very clearly the catastrophic consequences of aggressive banks pursuing desperate people laden with debts they cannot meet. The law is clearly inadequate. It is agreed by the Government that we need an overhaul of bankruptcy and we certainly need mechanisms to deal with debt resolution.

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