1. Introduction
The information in this booklet is intended for:
- people who have been made bankrupt;
- people whose creditors (people they owe money to) are taking action to make them bankrupt;
- people who cannot pay their debts and are considering making themselves bankrupt; and
- people who are, or maybe, subject to bankruptcy restrictions.
The relevant legislation is the Bankruptcy (Scotland) Act 1985, as amended. All bankruptcy-related legislation and publications are available on the Accountant in Bankruptcy (AiB) website at www.aib.gov.uk.
The information in this booklet applies to petitions or applications for bankruptcy that are lodged with the court at AiB from 1 April 2008.