Section 251A — Tribunals, Courts and Enforcement Act 2007: Debt relief orders

Debt relief orders 251A 1 An individual who is unable to pay his debts may apply for an order under this Part (“a debt relief order”) to be made in respect of his qualifying debts.

2 In this Part “ qualifying debt ” means (subject to subsection (3)) a debt which—

a is for a liquidated sum payable either immediately or at some certain future time;

and b is not an excluded debt.

3 A debt is not a qualifying debt to the extent that it is secured.

4 In this Part “ excluded debt ” means a debt of any description prescribed for the purposes of this subsection.