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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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