An
individual who intends to propose a voluntary
arrangement to his creditors may apply to the court
for an interim order which, if granted, precludes
bankruptcy and other legal proceedings whilst the
order is in force.
(Please Note: The
definitions are not intended to be exhaustive
summaries of the Law. They are based on material
from The Insolvency Act 1986 , and other Acts
dealing with this subject.)
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