Niall Collins (Limerick, Fianna Fail) | Oireachtas source

We discussed this issue on Committee Stage. We remain of the view that the €20,000 limit is too low and are seeking, in amendment No. 11, to increase it to €50,000. When one adds up all of the small liabilities that a person might have, including credit card debt, car loans, credit union loans and so on, in the vast majority of cases they will come to an amount potentially far in excess of €20,000. Rather than pushing people into the next category of debt resettlement, we should seek to deal with as many as possible under the first step in the process.

See this speech in context