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Consultation launched on IoM bankruptcy laws

Image: Sky News

The government's launched a consultation to bring its bankruptcy laws up to date.

Some of the current legilslation dates back to the 1800s.

A spokesman said the eight-week consultation is part of a three-phase programme of reform.

The treasury wants views from individuals, businesses, investors and those who support people who have "fallen in debt".

You can find the consultation here.

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