Terence Flanagan (Dublin North East, Independent)
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584. To ask the Minister for Justice and Equality her plans to reduce the term for which one remains bankrupt from three years to one year; and if she will make a statement on the matter. [31282/14]

Frances Fitzgerald (Dublin Mid West, Fine Gael)
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The reform of the bankruptcy regime under the Personal Insolvency Act 2012, which reduced automatic discharge from bankruptcy from 12 years to 3 years, constituted a far-reaching and substantial reform of our bankruptcy law.

I can confirm that, at the moment, there is no intention to amend the law on the bankruptcy term; however, I will continue to keep the legislation under review.