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StatuteTribunals, Courts and Enforcement Act 2007

Section 110 — Tribunals, Courts and Enforcement Act 2007: Debt repayment plans

Text of the provision Official document

Debt repayment plans 110 1 A debt repayment plan is a plan that meets the conditions in this section.

2 The plan must specify all of the debtor's qualifying debts.

3 The plan must require the debtor to make payments in respect of each of the specified debts.

4 It does not matter if—

a the plan requires payments of different amounts to be made in respect of a specified debt at different times;

b the payments that the plan requires to be made in respect of a specified debt would, if all made, repay the debt only in part.

Official source: legislation.gov.uk

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Statutory text from an official public source. Informational content — does not replace advice from a qualified solicitor.