Western Australian Repealed Acts Western Australian Repealed ActsThis legislation has been repealed.
(1) If the debtor,
mortgagor or guarantor is unable to negotiate a postponement, the debtor,
mortgagor or guarantor may apply to the Court for a postponement.
(2) The Court may,
after allowing the applicant, the credit provider and any debtor, mortgagor or
guarantor concerned a reasonable opportunity to be heard, order or refuse to
order the postponement to which the application relates and may make such
other orders as it thinks fit.
(3) The Court may, if
it thinks it appropriate in the circumstances, stay any enforcement
proceedings under the credit contract or mortgage until the application has
been determined.