An individual who is unable to pay his debts may apply for an order under this Part ("a debt relief order") to be made in respect of his qualifying debts.
In this Part "qualifying debt" means (subject to subsection (3)) a debt which—
is for a liquidated sum payable either immediately or at some certain future time; and
is not an excluded debt.
A debt is not a qualifying debt to the extent that it is secured.
In this Part "excluded debt" means a debt of any description prescribed for the purposes of this subsection.