Debtors boosted by PIP ruling

A High Court ruling means good news for about 400 debtors anxious to pursue court reviews of creditors’ rejections of their proposed personal insolvency arrangements, writes Ann O'Loughlin.

Debtors boosted by PIP ruling

A High Court ruling means good news for about 400 debtors anxious to pursue court reviews of creditors’ rejections of their proposed personal insolvency arrangements, writes Ann O'Loughlin.

Ms Justice Marie Baker rejected arguments by banks and other creditors that such reviews are exclusively a matter for a debtor’s personal insolvency practitioner (PIP) and she ruled the law envisages a role for the debtor in the process.

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