Ad hoc statistics release

In September 2019, the then Minister for Business, Fair Work and Skills, Jamie Hepburn announced a wide-ranging review of Scotland’s statutory debt solutions. 

This process is now underway and three expert working groups have been established to consider a range of issues and bring forward  recommendations for Ministerial consideration during the next Parliamentary session.

This review process and the working group deliberations will also draw on a wide range of statistics.  Accountant in Bankruptcy (AiB) has therefore prepared and published this ad-hoc statistics release today.  This release includes analysis of the Protected Trust Deeds (PTDs) and Debt Arrangement Scheme (DAS) cases:

  • Number of trust deeds protected in the last three financial years (2018-19 to 2020-21) by total debt due to creditors, and how long would it take for debtors to repay debt in full
  • The average (mean) of dividends for all PTDs concluded in the last three financial years by total debt due to creditors, and how long would it take for debtors to repay debt in full
  • Number of PTDs concluded in the last three financial years by way of refusal of discharge, total debt due to creditors, and how long would it take for debtors to repay debt in full
  • Number of DAS cases approved in the last three financial years (2018-19 to 2020-21) by total debt due to creditors, and how long would it take for debtors to repay debt in full
  • Number of DAS cases revoked in the last three financial years (2018-19 to 2020-21) by total debt due to creditors, and how long would it take for debtors to repay debt in full.

The purpose of this ad-hoc statistics release is to assist all working groups in order to prepare a detailed assessment on any recommendation and the wider impact on all statutory debt solutions.

This release is not part of the regular Scottish Statutory Debt Solutions Statistics releases.

These statistics are used internally by AiB and the Scottish Government, and during stakeholder engagement to inform policy development.  The Code of Practice for Statistics says that statistics producers must provide free and equal access to regular and ad-hoc official statistics.  Therefore, AiB is bringing forward this ad-hoc statistics release.

Ad hoc & experimental statistics

For any enquiries in related to this ad-hoc statistics release, please contact Ken O’Neill: aib_statistics@gov.scot.

For any general enquires in related to the Stage 2 of the general review, please contact policy@aib.gov.uk.

Background information:

Code of Practice for Statistics (statisticsauthority.gov.uk)

General review - stage 2 | Accountant in Bankruptcy (aib.gov.uk)