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{
    "id": 40835,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/40835/?format=api",
    "text_counter": 324,
    "type": "speech",
    "speaker_name": "Mr. Mbadi",
    "speaker_title": "",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "Madam Temporary Deputy Speaker, if you look at Part IV of this particular Bill, it dwells at length on bankruptcy. It defines it. It also defines the duties of trustees and receiver managers. It also clearly spells out how the debtor’s property will be distributed in the event that the trustee is supposed to pay the creditors. It also outlines the commencement of bankruptcy, talks about the court processes, statement of affairs and what happens in the event that during the process, the bankrupt person dies. What happens in the processes of doing all that? What if the person who owed you money dies? It also talks about the rights of creditors. So, to me, this is a very deliberate attempt to address some of the issues that have remained outstanding over the years."
}