Responses Recieved from a recent consultation - Guernsey's Insolvency Regime suggested that introducing legislation locally, equivalent to the UK Low Value Debt Relief Order in respect of personal insolvency, may benefit people who find themselves in a never-ending cycle of debt through no fault of their own.
The consultation paper, available for download on this page, seeks your thoughts on the introduction of LVDR in Guernsey.
The response to this consultation has now been published and you can view via the downloads section on this page.
For more information about this consultation, please contact Alan Bougourd alan.bougourd@gov.gg
Consultation closed: 31 October 2016. Results published: May 2017.