Seanad debates
Tuesday, 4 December 2012
Personal Insolvency Bill 2012: Committee Stage (Resumed)
8:05 pm
Trevor Ó Clochartaigh (Sinn Fein) | Oireachtas source
Perhaps a few bars of "Money, Money, Money" by ABBA would be pertinent.
I thank the Minister for his overview. We would concur with him and appreciate that the aim of the legislation is that creditors who are owed money will secure as much of that money as possible in the process, and that the process is to try to avoid bankruptcy in as much as it can be avoided. I also note with great happiness that the Minister agrees the troika is not infallible on issues financial. We will note that one for future debates, perhaps even tomorrow or the day after.
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