50. Debt Restructuring Arrangements: Preparation of Debtor Proposal

be signed by the debtor;

have endorsed on it the name of —

the person, firm or body who is acting as a personal insolvency proposer; and

the person, firm or body who is willing to act as a personal insolvency administrator on the coming into effect of the Debt Restructuring

the debtor satisfies the eligibility requirements of section 46;

to the best of the personal insolvency proposer’s knowledge, the information contained in the debtor’s statement of financial affairs is complete and accurate;

the proposal has a reasonable prospect of being approved and implemented; and

the proposal offers a reasonable means of facilitating the economic rehabilitation of the debtor while allowing fair contributions to creditors from the debtor’s available resources.

the Official Receiver making such enquiries as it considers necessary to determine whether the debtor meets the eligibility criteria specified in section 46;

the postponement of the consideration of the

the disclosure by the Official Receiver of the personal data of the debtor to creditors and other third parties, to the extent necessary for the making and consideration of a Debt Rehabilitation Order application; and

the disclosure to the Official Receiver, by creditors, government agencies or any other relevant third parties, of personal data of the debtor, to the extent necessary for the making and consideration of a Debt Rehabilitation Order application.