Seanad debates

Monday, 20 July 2015

Civil Debt (Procedures) Bill 2015: Committee and Remaining Stages

 

12:30 pm

Photo of Trevor Ó ClochartaighTrevor Ó Clochartaigh (Sinn Fein) | Oireachtas source

We oppose the section which provides for an attachment of earnings order and a protected earnings rate. As I have previously outlined, the protected rate is flawed. The Bill creates a situation in which companies can use the courts to take money from the pockets of debtors who owe a small debt in the grand scheme of things. It will mean whatever little safety net a debtor and his or her family have to rely on, after liabilities are accounted for, will be removed.

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