It even turned thumbs down on an amendment to limit enforcement of debts that carried more than 100 percent interest.

It will protect the debtor from the legal enforcement of debts which are included in the trust deed, but only once it has become protected.

Exceptions include David Graeber, who from a radical perspective, has used credit theories of money to argue against recent trends to strengthen the enforcement of debt collection, such as greater use of custodial sentences against debtors in the US.

In this case the seller will probably require some statement of the efforts that the acquirer will take to collect the debts, provision for unallocated payments received from debtors to be attributed first to pre-completion obligations, and a right to take over the enforcement of debts which are not collected within a period of, say, six months.