Wednesday April 8, 2020

Bill to cut bankruptcy term due in April

UPDATE: Minister for Justice, Alan Shatter, is getting a positive response to the planned bill to reduce bankruptcy terms in Ireland from 12 years to three years

25th January, 2012
2
Alan Shatter

The Institute of Directors in Ireland has welcomed proposed bankruptcy reforms in the Personal Insolvency Bill, due to be published in April.

Maura Quinn, the group's chief executive, said: “The proposed changes, which will see the term reduced from twelve to three years, will bring Ireland more in line with other EU countries and create the right conditions to promote a culture for business growth.

She added that it was important that the measures...

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