Written answers

Thursday, 2 July 2015

Department of Social Protection

Personal Insolvency Act

Photo of Willie PenroseWillie Penrose (Longford-Westmeath, Labour)
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51. To ask the Minister for Social Protection when the new personal insolvency measures announced on 30 May 2015 will come into effect, in particular, the proposed removal of a bank's veto on insolvency arrangements by way of putting a new examinership style process in place to allow debtors to challenge a bank's rejection of a proposed arrangement to ensure debtors are not unfairly prejudiced, and that the insolvency judges will have the power to approve personal insolvency arrangements that are rejected by the banks; and if she will make a statement on the matter. [26850/15]

Photo of Joan BurtonJoan Burton (Dublin West, Labour)
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Matters to do with the Personal Insolvency Act and all related measures are the responsibility of my colleague the Minister for Justice and Equality.

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