Fine Gael has welcomed the Law Reform Commission’s consultation paper on debt enforcement and has called on the Government to reconsider existing Fine Gael proposals for reform of debt legislation.
The commission discussion paper highlighted that household debt was now approximately 176 per cent of disposable income. It called for alternatives to the coercive system of debt enforcement and argued for a distinction to be made in the law between those who can’t pay and those who won’t pay.
Fine Gael’s spokesman on justice Charlie Flanagan said yesterday too many people who genuinely could not afford to pay their debts were being sent to jail.