Finian McGrath (Dublin North Central, Independent)
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To ask the Minister for Justice and Equality the position regarding the Personal Insolvency Bill (details supplied); and if he will make a statement on the matter. [6064/13]

Alan Shatter (Dublin South, Fine Gael)
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The full operation of the provisions of the Personal Insolvency Act 2012 is expected in the early part of 2013. The Insolvency Service of Ireland aims to open its office, launch its website, commence an information campaign with the issuing of publications and relevant guidelines in Quarter 1 of 2013. The regulatory and IT frameworks required for the Service to accept and process applications for the three new debt arrangements should be in place during Quarter 2 of 2013.

The Act allows for the registration and regulation of personal insolvency practitioners and authorised intermediaries who can advise individuals of their eligibility to seek debt resolution under the three new arrangements. The ISI itself has no role in providing financial advice. Individuals who consider themselves insolvent should continue to actively engage with their creditors and seek advice from an authorised intermediary or personal insolvency practitioner in due course to ascertain their suitability/eligibility for any of the schemes.