Brendan Burgess
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There was some coverage of it today.
http://www.rte.ie/news/2012/0626/insolvency-bill-cuts-bankruptcy-from-12-years-to-3.html
I don't think that they said very much though.
It won't be passed before the summer recess. October will be the earliest.
Here is what Enda Kenny said
A Personal Insolvency Agency Service will be set up - separate to MABS, but working alongside it
There is a Mortgage Advice Service - not sure if that is separate
will incentivse both parties to come to an agreement
Bankruptcy will be reduced to 3 years , subject to certain conditions
No easy answers, no soft options
Must involve Local Authorities
Brendan
http://www.rte.ie/news/2012/0626/insolvency-bill-cuts-bankruptcy-from-12-years-to-3.html
I don't think that they said very much though.
It won't be passed before the summer recess. October will be the earliest.
Here is what Enda Kenny said
A Personal Insolvency Agency Service will be set up - separate to MABS, but working alongside it
There is a Mortgage Advice Service - not sure if that is separate
will incentivse both parties to come to an agreement
Bankruptcy will be reduced to 3 years , subject to certain conditions
No easy answers, no soft options
Must involve Local Authorities
Brendan