| Commentary

150 Debts paid or secured in full

| Commentary

150 Debts paid or secured in full

In order to obtain an annulment under the Insolvency Act 1986 Section 282(1)(b)1, the bankrupt must prove that he has paid in full or secured in full, to the satisfaction of the court, all the bankruptcy debts which have been proved2 and the costs and expenses of the bankruptcy. Where there are known creditors who have not yet proved in respect of their debts, the court should not annul the order until those debts have been proved, if necessary by adjourning the application and giving directions for notifying those creditors of the application3.

If

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