Seanad debates
Tuesday, 4 December 2012
Personal Insolvency Bill 2012: Committee Stage (Resumed)
8:55 pm
Trevor Ó Clochartaigh (Sinn Fein) | Oireachtas source
I move amendment No. 131:
We believe the section as it stands holds that in circumstances where two people have debts and are in credit to one another, the debt or credit is the difference when they are matched off. We are keen to provide that the parties must agree for that to be the case.
In page 113, line 27, after ?creditor,? to insert the following:
?and where the consent of both the creditor and debtor has been secured,?.
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