Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

There are reports that the Minister for Justice and Equality, Deputy Shatter, and the new head of the insolvency service will next week publish minimum income guidelines to be used in assessing people's indebtedness in an effort to formulate solutions for such people. They will apparently deal with issues such as whether people may keep a second car, go on holiday or have a Sky Sports package. Will those guidelines require legislation in the House? Will they be mandatory or will it be possible for banks to reject them?

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