Q&A: Everything you need to know about the new bankruptcy legislation

Here are the answers to everything you’re wondering about the new bankruptcy legislation and what it meas for Irish business
Q&A: Everything you need to know about the new bankruptcy legislation
Wed, 02 Dec, 2015 - 00:00

What are the main changes?

The term of bankruptcy is reduced from three years to one year. Any income payments to be made by the bankrupt will be limited to four years down from five years.

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