Written answers

Wednesday, 30 June 2010

Department of Justice, Equality and Law Reform

Law Reform Commission Reports

9:00 pm

Photo of Michael RingMichael Ring (Mayo, Fine Gael)
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Question 173: To ask the Minister for Justice, Equality and Law Reform the progress that has been made in relation to a consultation paper (details supplied); when the interim report will be published; the recommendations that have been made; and the recommendations that will be followed. [28515/10]

Photo of Dermot AhernDermot Ahern (Louth, Fianna Fail)
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I understand that the Law Reform Commission intends to publish its Final Report on Personal Debt Management and Debt Enforcement by the end of 2010.

On 17 May 2010, the Commission published an Interim Report on some early initiatives that it developed with the assistance of a Working Group. The recommendations are being actively considered by the relevant Departments, including my Department. They include:-

further development of a Standard Financial Statement;

extension of the Irish Banking Federation-MABS Operational Protocol on Managing Debt bringing more financial institutions and other creditors into a nationally agreed debt management process;

proposed reduction in the 12 year period for a discharge under the Bankruptcy Act 1988;

compilation and distribution of comprehensive information for consumer debtors;

development of a Pre-Action Protocol for Consumer Debt Cases.

The full details may be accessed on the Commission's website at www.lawreform.ie.

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