The Bankruptcy (Amendment) Bill 2015 has successfully passed through both Houses of the Oireachtas.
Articles tagged with: bankruptcy term
The Attorney General, Máire Whelan SC has been asked to draft a Bankruptcy Bill after an agreement was made by the Cabinet to reduce the bankruptcy term in Ireland top just one year.
The Government’s recent decision to reduce the term of bankruptcy from three years to one year has been heralded as “possibly the most important of its term in office”.
Taoiseach Enda Kenny has said that Legislation to reduce the bankruptcy term from three years to one year will be in place by the end of this year. Mr Kenny told the Dáil that the Government has accepted the need to reduce the term from three years to one year.