# Insolvency Act 1986, Paragraph 7


Power to make such compromise or other arrangement as may be thought expedient with creditors, or persons claiming to be creditors, in respect of bankruptcy debts.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/schedule/5/paragraph/7 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/schedule-5/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.