Seanad debates

Friday, 30 November 2012

Personal Insolvency Bill 2012: Committee Stage (Resumed)

 

12:25 pm

Photo of Thomas ByrneThomas Byrne (Fianna Fail) | Oireachtas source

The Minister should enter a competition with the former presidential candidate Mitt Romney to see who is more out of touch with real life. In the Minister's world view, to qualify for a debt relief notice, a person has ¤15 per week, a debt of less than ¤20,000, assets of ¤400 or less but has a Mercedes worth ¤50,000 parked outside the door, and ¤300,000 in the bank. Where in the world is the Minister?

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