New Administration Fee for Creditor Petitions

With effect from 1 October 2009, all creditors who petition to make an individual bankrupt in a Scottish Court, must pay an administration fee of £100 to Accountant in Bankruptcy (AiB).

AiB have introduced the new fee in accordance with the Scottish Government's drive for sustainable public services, as part of a raft of measures to decrease its reliance on core Scottish Government funding and the public purse.

The new fee covers AiB's administration costs for processing and recording creditor petitions and undertaking checks to prevent duplication of petitions and applications for bankruptcy. Creditors must send a copy of their petition for bankruptcy to the Accountant in Bankruptcy on the day they lodge their petition in the Scottish Court. On receipt of the copy of the petition, the Accountant in Bankruptcy will issue an invoice to the petitioning creditor, for the £100 fee.

The Creditor Petition Fee was introduced in Part II, Regulation 6.2 of The Bankruptcy Fees (Scotland) Amendment Regulations 2009, which came into force on 1 April 2009.

Further details on the new administration fee can be found by accessing the New Creditor Fee link or by contacting our Helpline on: 0845 762 6171