Legislation – Tribunals, Courts and Enforcement Act 2007
Changes to legislation:
Tribunals, Courts and Enforcement Act 2007, Section 131 is up to date with all changes known to be in force on or before 12 April 2026. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.![]()
Changes to Legislation
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Part 5Debt management and relief
Chapter 4Debt management schemes
Various
131Main definitions
(1)
In this Chapter—
“affected creditor” has the meaning given by section 122;
“approved scheme” means a debt management scheme that is approved under section 111;
“debt management scheme” has the meaning given by section 109;
“debt repayment plan” has the meaning given by section 110;
“non-business debtor” means any individual who—
(a)
is a debtor under one or more qualifying debts, but
(b)
is not a debtor under any business debts;
“period of protection” has the meaning given by section 133;
“qualifying creditor” means a creditor under a qualifying debt;
“scheme operator” means the body that operates a debt management scheme;
“specified debt” means a debt specified in a debt repayment plan;
“supervising authority” has the meaning given by section 129.
F1(2)
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