Written answers

Thursday, 16 July 2015

Department of Justice and Equality

Personal Insolvency Act

Photo of Niall CollinsNiall Collins (Limerick, Fianna Fail)
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374. To ask the Minister for Justice and Equality if she will provide, in tabular form, the number of successful applications for personal insolvency arrangements, debt settlement arrangements and debt relief notices, per year, since the coming into force of the Personal Insolvency Act 2012; the number of applications refused for same; and if she will make a statement on the matter. [29925/15]

Photo of Frances FitzgeraldFrances Fitzgerald (Dublin Mid West, Fine Gael)
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As the Deputy is aware, the Insolvency Service of Ireland (ISI) began accepting cases in September 2013. The ISI releases its statistics on a quarterly basis and the most up to date figures reflecting Quarter 2 of 2015 (up to 30 June 2015) were published on 15 July 2015 on its website .

I am advised by the ISI that in the case of Debt Relief Notices (DRNs), 100% of applications made were successful. There is no creditors meeting in these circumstances and no DRNs were rejected by the ISI or the Courts. As regards Debt Settlement Arrangements (DSAs), 86% were successful and 73% of Personal Insolvency Arrangements (PIAs) were successful.

Details of the number of successful and unsuccessful applications since September 2013 are set out in the following tables.

Successful Applications 2015 (up to 30 June)

DRNDSAPIATotal
218118279615
Unsuccessful Applications 2015 (up to 30 June)
DRNDSAPIATotal
020105125

Successful Applications 2014

DRNDSAPIATotal
25197199547

Unsuccessful Applications 2014

DRNDSAPIATotal
0188199

Successful Applications 2013 (September to December)

DRNDSAPIATotal
0101

Unsuccessful Applications 2013 (September to December)

DRNDSAPIATotal
0000

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