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Part 5 E+WDebt management and relief

Prospective

Chapter 4E+WDebt management schemes

AppealsE+W

122Right of appealE+W

(1)This section applies if a debt repayment plan is arranged for a debtor in accordance with an approved scheme.

(2)An affected creditor may appeal to [F1the county court] against any of the following—

(a)the fact that the plan has been arranged;

(b)the fact that a debt owed to the affected creditor has been specified in the plan;

(c)the terms of the plan (including any provision included in the plan in accordance with section 110(3)).

(3)Subsection (2)(c) does not allow an affected creditor to appeal against the fact that a debt owed to any other creditor has been specified in the plan.

(4)In this section “affected creditor” means the creditor under any debt which is specified in the plan.

Textual Amendments

F1Words in s. 122(2) substituted (22.4.2014) by Crime and Courts Act 2013 (c. 22), s. 61(3), Sch. 9 para. 52; S.I. 2014/954, art. 2(c) (with art. 3) (with transitional provisions and savings in S.I. 2014/956, arts. 3-11)

123Dealing with appealsE+W

(1)This section applies if an appeal is made to [F2the county court] under section 122.

(2)The county court may determine the appeal in any way that it thinks fit.

(3)The county court may make such orders as may be necessary to give effect to the determination of the appeal.

(4)The county court may, in particular, order the scheme operator to do any of the following—

(a)to reconsider the decision to arrange the plan;

(b)to reconsider any decision about the terms of the plan;

(c)to modify the debt repayment plan;

(d)to revoke the debt repayment plan.

(5)The county court may make such interim provision as it thinks fit in relation to the period before the appeal is determined.

F3(6). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F2Words in s. 123(1) substituted (22.4.2014) by Crime and Courts Act 2013 (c. 22), s. 61(3), Sch. 9 para. 52; S.I. 2014/954, art. 2(c) (with art. 3) (with transitional provisions and savings in S.I. 2014/956, arts. 3-11)

F3S. 123(6) omitted (22.4.2014) by virtue of Crime and Courts Act 2013 (c. 22), s. 61(3), Sch. 9 para. 136(b); S.I. 2014/954, art. 2(c) (with art. 3) (with transitional provisions and savings in S.I. 2014/956, arts. 3-11)