Alan Shatter (Dublin South, Fine Gael) | Oireachtas source

This amendment proposes to set out more clearly the information the debtor is required to provide for the approved intermediary in support of his or her application for a debt relief notice. It also includes a paragraph (a) for additional text which places an onus on the debtor to inform the approved intermediary of what efforts the debtor has made to reach alternative repayment arrangements with creditors prior to seeking a debt relief notice. While this may not be of significant concern, as such it serves as a useful indicator and could lead to a current or future Money Advice and Budgetary Service client for a debt relief notice being potentially diverted into an acceptable repayment arrangement with creditors and thus avoid the process altogether and some of the consequences. This approach would complement current MABS strengths and involvement in debt resolution.