Seanad
‹ Order of Business Bankruptcy discharge period
Summary
The Leader rejects an immediate reduction in the three-year bankruptcy period, noting that the previous twelve-year period was reduced only in 2013 and needs time to take effect.
Let us not forget that the period in respect of automatic discharge from bankruptcy was reduced only two years ago from 12 years to three years.
Comment on this
It takes time for measures to bed in. It is unfair to engage in knee-jerk reactions to legislation which only came into effect in December 2013.
Comment on this
It is not impacting on the people who need it.