ISLE OF MAN: CONSULTATION ON LEGISLATION AIMED AT IMPROVING PROCESS OF RECORDING AND RECOVERING DEBT

On 19 October, the Isle of Man announced an invitation for feedback on proposals to bring forward legislation aimed at improving how debts are recorded and made accessible in the Island, and for improving the effectiveness of debt recovery by the Coroners (a form of court bailiff).  The consultation is said to be part of a wide-reaching review of civil debt recovery in the Island, aimed at modernising civil debt recovery and insolvency and ensuring that arrangements are fair, effective and fit for purpose.

The Bill has 2 key policy outcomes –

  1. to introduce a more comprehensive and easily accessible register of judgments and other civil debts in the Island (a register of debts); and
  2. to level the playing field for the enforcement of civil debts in the Island by removing statutory provisions that impact the effectiveness of Coroners undertaking enforcement action. 

https://consult.gov.im/treasury/administration-of-justice-bill-2020/

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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