Singapore legislation
Section 56N
Section 56N
Certificate of completion of debt repayment scheme
(1)
The Official Assignee shall issue a certificate of completion of a debt repayment scheme in respect of a debtor if the debtor repays, in accordance with this Part and the debt repayment plan under the scheme, his debts which have been proved under the scheme and included in the plan.
(2)
Subject to this Act and any other written law, the certificate of completion of the debt repayment scheme shall, upon being issued, release the debtor from all his debts provable under the scheme except a debt which —
the debtor had failed to disclose to the Official Assignee; and
in respect of which a proof of debt was not filed under the scheme.
(3)
Subsections (2) to (8) of section 127 shall apply to or in respect of the debtor as if a reference to discharge in those provisions is a reference to the certificate of completion of the debt repayment scheme and a reference to a bankrupt in those provisions is a reference to the debtor.