David Cullinane (Sinn Fein) | Oireachtas source

I have the right one and apologise for the delay.

The objective of the amendment is for the debtor to be advised of options that may not be in the Bill which could be offered by any creditor, such as write-downs, reductions of interest rates, lengthening of maturities or matters along those lines. It would ensure that the debtor has full information before engaging in the debt relief process, which is important. When the creditor has a monopoly of information he or she could have more power, so the debtor needs to have as much information as possible to put him or her in a fairer position. It is to ensure a level playing field in respect of information and access to information. That is the logic of the amendment.