Ministers Humphreys and Browne announce commencement of the main provisions of the Personal Insolvency (Amendment) Act 2021
Act makes practical changes to ensure that borrowers have effective access to personal insolvency legislation Measures will help borrowers at risk of losing their homes Act removes a barrier to borrowers applying for court review, if creditors refuse a personal insolvency proposal that includes their home mortgage arrears Act removes obstacle for people on very…