Personal Insolvency Act 2012

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Successful completion of Debt Settlement Arrangement.

86.— (1) Upon the expiration of the Debt Settlement Arrangement, and where the debtor concerned has complied with his or her obligations under the Debt Settlement Arrangement, the personal insolvency practitioner shall notify the debtor, creditors and the Insolvency Service.

(2) Where the debtor has complied with his or her obligations under the Debt Settlement Arrangement, the debtor stands discharged from the debts specified in the Debt Settlement Arrangement.

(3) Where the Insolvency Service receives the notice referred to in subsection (1), it shall record the successful completion of the Debt Settlement Arrangement in the Register of Debt Settlement Arrangements.