Schedule 4ZA, Part 1, paragraph 6

The total amount of the debtor's debts on the determination date, other than unliquidated debts and excluded debts, does not exceed the prescribed amount. For this purpose an unliquidated debt is a debt that is not for a liquidated sum payable to a creditor either immediately or at some future certain time.

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Source: legislation.gov.uk · retrieved 2026-09-04