Chwilio Deddfwriaeth

Bankruptcy and Diligence etc. (Scotland) Act 2007

Close

Print Options

    The Act

    Commentary

    Part 1 – Bankruptcy
    Miscellaneous and general
    Section 25 - Debt limits in sequestrations

    88.This section amends the qualifying debt limit threshold, which sets out the minimum amount of debt that must be owed in order for a person to be sequestrated (see paragraph 59 above). It provides that a debtor must have debts of £3,000 or more. The amount of the qualifying debt limit can be amended by regulations (subject to affirmative resolution procedure).

    Yn ôl i’r brig

    Options/Cymorth