| Commentary

233 Provable debts

| Commentary

233 Provable debts

Subject to some specific statutory exceptions mentioned below, whether a debt may be proved in the bankruptcy depends on whether it is one of the ‘bankruptcy debts’ as defined in Section 382 of the Insolvency Act 1986. The document by which a creditor puts forward his claim is his proof, and the procedure by which a creditor claims his share of the bankrupt’s assets by submitting a claim in writing is referred to as proving. Proof of any bankruptcy debt by a secured or unsecured creditor of the bankrupt, and the admission or rejection of any proof

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