Consultation running for eight weeks
The Manx public is being invited to have their say about laws relating to debt and insolvency.
It's part of a three-phase project being undertaken by the Treasury, with an eight-week consultation running to help shape a new bill.
Phase 1 resulted in the Administration of Justice and Other Amendments Act 2021, which makes provision to empower the publication of a publicly accessible register of debtors. Phases 2 and 3, meanwhile, relate to the reform of insolvency and bankruptcy law and the law and functions relating to Coroners.
Treasury says feedback will help shape the Bill so it works for all in society and succeeds in making sure the interests of all parties are taken into account.
Contributions are welcome from individuals, investors or those who assist those who've fallen into debt or are in danger of doing so.
You can find the consultation, which is open until 5 December, here.
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