Francis Le Gresley, manager of the CAB, said that many of his clients were suffering because it was almost impossible to be declared bankrupt in Jersey.
In England, a resident who is unable to repay his debts in the foreseeable future can simply complete a bankruptcy petition and statement of affairs and then satisfy the court that he can’t pay his debts.
In Jersey, an Islander has to appear before the Royal Court in person and prove that he is a ‘responsible’ debtor who has made every effort to repay the creditors.
Mr Le Gresley said that the current laws were leaving a legion of debt-ridden Islanders who, despite not being able to repay their debts, were constantly being harassed by creditors.
