Part 5Debt management and relief
Chapter 4Debt management schemes
Various
133Periods of protection
1
A “period of protection”, in relation to a non-business debtor, is a period which begins and ends as specified in this section.
2
The period begins if, and when, the debtor makes a request to the operator of an approved scheme for a debt repayment plan to be arranged in accordance with the scheme.
3
The period ends as follows—
a
if a debt repayment plan is not arranged in consequence of the request: when the decision is made not to arrange the plan;
b
if a debt repayment plan is arranged in consequence of the request: when that plan ceases to have effect.
4
But if other debt management arrangements are in force in relation to debtor immediately before he makes the request, the period does not begin unless, and until, a debt repayment plan—
a
is arranged in consequence of the request, and
b
comes into effect in accordance with section 121(2).
5
In this section the reference to other debt management arrangements which are in force has the same meaning as such references in section 121.