Dáil debates

Wednesday, 13 May 2020

Covid-19 (Justice and Equality): Statements

 

7:50 pm

Photo of Martin HeydonMartin Heydon (Kildare South, Fine Gael) | Oireachtas source

I am raising the issue of insolvency. Amendments will be needed to the personal insolvency legislation to deal with the issues that will arise as the result of the impact of Covid-19. The response to this unprecedented pandemic has seen significant changes to national policies in the areas of health and business. It will also be necessary for us to take significant action being mindful of what is going to be significant economic and financial fallout for people from the inevitable recession that will unfortunately be caused by this pandemic.

In particular, I would like the Minister to give details on changes being considered or may be covered by amendments to the relevant Act in the coming months. I am mindful that a new Government may be in place, but I am sure work is ongoing in the Minister's Department. Specifically, what steps are being taken concerning the removal of barriers to insolvency and the appeals process to the courts of a rejected personal insolvency agreement? Is consideration being given to those two areas?

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