Meaning of payment of debts in full

For the purposes of this Part, any debt disputed by a debtor shall be considered as paid in full if the debtor enters into a bond in such sum, and with such sureties as the court approves, to pay the amount to be recovered in any proceedings for the recovery of or concerning the debt, with costs, and any debt due to a creditor who cannot be found or cannot be identified shall be considered as paid in full if paid into court. Administration and Distribution etc. of Property of Bankrupt