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Is the personal insolvency regime fit for purpose?

Copyright © 2025 LexisNexis

Published on: 28 January 2014

Published by a LexisNexis Restructuring & Insolvency expert

Table of contents

Original news
What are the current problems with the personal insolvency regime?
Limits
Bankruptcy period
Consistency
Entry thresholds
Cooperation
Complexity
What suggestions have R3 made?
Do you think R3's suggestions will make personal insolvency processes more efficient and beneficial to creditors?

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Article summary

Restructuring & Insolvency analysis: What action needs to be taken to stabilise the personal insolvency regime? Louise Brittain, partner at Wilkins Kennedy, highlights the major sticking points in the current system.

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