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Debt Paid, Bankruptcy Action Called Off
Debt Paid, Bankruptcy Action Called Off
An overdue debt of more than $25,000 has been paid in full to the Taranaki Regional Council, which has called off bankruptcy proceedings against the three debtors.
The debt was owed by Fiona Clark, Andrea Moore and Robert Taylor, who had asked for independent commissioners instead of the Council’s own panel to hear a consent application in 2011, and had committed to cover the extra costs involved.
“The Council regretted having to initiate bankruptcy proceedings for only the second time in 25 years,” says the Chairman, David MacLeod. “But it is pleased that payment has now been made in full, meaning the proceedings will not have to go ahead.”
The amount owed has been misrepresented by some as a fine, but it was a simple debt, and the original consent application hearing related to the Waitara marine outfall, not the Waitara River.
ENDS
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