Written answers
Wednesday, 29 September 2010
Department of Justice, Equality and Law Reform
Proposed Legislation
11:00 pm
Joan Burton (Dublin West, Labour)
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Question 1198: To ask the Minister for Justice and Law Reform when he intends to bring forward proposals for the reform of bankruptcy laws here; and if he will make a statement on the matter. [34108/10]
Dermot Ahern (Louth, Fianna Fail)
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I have already initiated change in bankruptcy law by way of the Civil Law (Miscellaneous Provisions) Bill 2010 by (a) reducing the application period to the court for discharge from bankruptcy from 12 years to 6 years, as recommended by the Law Reform Commission in its interim report on Personal Debt Management and Debt Enforcement,and (b) providing for the automatic discharge of bankruptcies on the 20th anniversary of an adjudication order. I intend to give early attention to the recommendations of the Law Reform Commission when it finalises its report on Personal Debt Management and Debt Enforcement in the near future.
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