Written answers

Wednesday, 6 May 2015

Department of Justice and Equality

Insolvency Service of Ireland Data

Photo of Colm KeaveneyColm Keaveney (Galway East, Fianna Fail)
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261. To ask the Minister for Justice and Equality the administrative cost of running the Insolvency Service of Ireland in 2014; the total fees received by the service in 2014; the total number of cases completed across each category of insolvency arrangement; the budget allocated to the service for 2015; the total staff currently employed by the service; and if she will make a statement on the matter. [17536/15]

Photo of Frances FitzgeraldFrances Fitzgerald (Dublin Mid West, Fine Gael)
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I can advise the Deputy that the administrative running costs (excluding capital expenditure) of the Insolvency Service of Ireland (ISI) for 2014 were €6.488 million.

The total fees received by the ISI in 2014 were €531,539. This is primarily made up of application fee income and bankruptcy realisation fees. It should be noted that the ISI waived application fees for the three alternatives to bankruptcy with effect from October 2014.

The budget allocation for the ISI for 2015 is €7.308 million.

With regard to staffing there are currently 81 Full Time Equivalents (FTEs) in the ISI.

The number of successful applications since the Insolvency Service of Ireland began accepting applications is set out by category in a table.

Successful applications up to 31 March 2015

Debt Relief Notices

(DRN)
Debt Settlement Arrangements (DSA)Personal Insolvency Arrangements (PIA)Total
352141328821

There were also 448 bankruptcies in 2014 and 162 by the end of Quarter 1 of 2015.

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