Statute
Section 132 — Tribunals, Courts and Enforcement Act 2007: Expressions relating to debts
Text of the provision Official document
Expressions relating to debts 132 1 All debts are qualifying debts, except the following—
a any debt secured against an asset;
b in relation to a debt repayment plan which has been requested or arranged, any debt which could not, by virtue of the terms of the debt management scheme, be specified in the plan.
2 A business debt is any debt (whether or not a qualifying debt) which is incurred by a person in the course of a business.
Official source: legislation.gov.uk
There are no decisions in our collection citing this provision yet. As new judgments are published, they will appear here.
Search case law on this topic
See judgments from UK courts and tribunals with a plain-English summary and legal holding.
Explore case law →