A creditor's petition1 must be in respect of one or more debts2 owed by the debtor; and the petitioning creditor3 or each of the petitioning creditors must be a person to whom the debt or, as the case may be, at least one of the debts, is owed4.
A creditor's petition may be presented to the court in respect of a debt or debts only if, at the time the petition is presented:
(1) the amount of the debt, or the aggregate amount of the debts, is equal to
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234