| Commentary

270 Effect of discharge

| Commentary

270 Effect of discharge

On his discharge, the bankrupt is released from all his ‘bankruptcy debts’ subject to certain exceptions1. It follows that the bankrupt’s unsecured creditors cannot pursue him in respect of debts which existed at the time his bankruptcy commenced. They would, ordinarily, need to prove in the bankruptcy for their debts2. Consequently, after discharge, the bankrupt may not propose an IVA under the provisions of Part VIII of the Insolvency Act 1986 in respect of his pre-bankruptcy debts3.

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