Bill will alleviate pressure of indebtedness
IT was the middle of Dec 2010 when the Law Reform Commission presented its recommendations for reform of the legal system in relation to how our society manages and deals with the problem of indebtedness.
The LRC had long advocated for the reform. Yesterday, the Government finally presented the Personal Insolvency Bill 2012. It is a welcome break from the past. It provides for a range of options that will become available to citizens when the bill finally becomes law.
