Bankruptcy discharge period
Mathews argues that the three-year bankruptcy period should be shortened, saying borrowers need a faster route to resolve their affairs; the Chair ends the intervention.
It overlaps with the three-year bankruptcy issue that we discussed yesterday. When a person is bankrupt, he or she is bankrupt. It does not matter if it takes three years or one year to tidy up. In fact, it is better to have one year to tidy up. There is no point in having three years. This is something that must also be addressed. Deputy Penrose is right when he says we should be turning up the Bunsen burner flame on this.
Comment on this
It is a must-do before 21 June - midsummer's day - which is the target date. It should all be in place by then.
Comment on this
There is no other way. There is nobody here for Topical Issues. It is an empty House. The Taoiseach is here now. This is the way to get something onto his agenda.