Written answers

Tuesday, 7 October 2014

Department of Justice and Equality

Personal Insolvency Act

Photo of Joe CareyJoe Carey (Clare, Fine Gael)
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288. To ask the Minister for Justice and Equality her plans to amend the Personal Insolvency Act 2012 to reduce the automatic discharge from bankruptcy from three years to one year; and if she will make a statement on the matter. [37900/14]

Photo of Frances FitzgeraldFrances 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.

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