The Economy, Energy and Fair Work Committee launched a call for views as part of its inquiry into Protected Trust Deeds (PTDs). The remit of the inquiry is to ascertain the benefits and disbenefits of PTDs as a viable debt solution in the interests of people in debt and their creditors and recommend if and how the Scottish Government and Accountant in Bankruptcy (AiB) should proceed in any reform of the scheme.
AiB has prepared and submitted the following submission to the Committee.
The Committee has since published all submissions received by the deadline of Monday 6 January 2020.
AiB will be giving evidence before the Committee on Tuesday 14 January 2020.