The head of the insolvency service has said people applying for bankruptcy under the new Insolvency provisions will not need to hire a solicitor or barrister to go to court.
Lorcan O'Connor has been appearing before the Oireachtas Committee on Finance this afternoon.
He said that he expects the service to be up-and-running by next month - with the first debt-relief notice applying from September.
Mr O'Connor said that filing for bankruptcy will cost less than €750.
"If they choose to go bankrupt the only direct costs that they face would be an application to the courts of €650 and a stamp duty fee of what I believe to be €90 or €100," he said.
"So that is the costs they will face on the day they apply for bankruptcy they don't require a barrister or a solicitor to do any lengthy submissions."