Register of Insolvencies
The register of insolvencies is a statutory register about the insolvency of individuals and businesses in Scotland.
Information on what is a Charge for Payment
What is a Charge for Payment?
For most diligences, the creditor must arrange for the service upon the debtor of a Charge for Payment before the debt can be recovered. The Charge for Payment is a formal demand for payment of the amount owed to the creditor. It includes any interest and associated costs, and generally gives the debtor 14 days to make payment. If the debtor does not satisfy the debt withtin the period specified, the credior may then use diligence to recover what is owed.