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.
“The original release date was Thursday 17 June. However, this date has been postponed to Friday 18 June in order to ensure the quality assurance process has been carried out thoroughly. We apologise for any inconvenience we may have caused. Please contact email@example.com for further information.”
This release will include analysis of the exit from statutory debt solutions, including bankruptcies and the Debt Arrangement Scheme (DAS):
- Number of Debtor Contribution Orders set for both Full Administration cases and Creditor Petitions
- Number of payment breaks approved for Debt Payment Programmes (DPPs) under the DAS
- Number of bankruptcy discharges being deferred after the 12 month period
- Number of accepted and rejected compositions for DPPs
- Number of DPPs that could made an offer of composition had the criteria changed.
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.
For any enquiries in related to this ad-hoc statistics release, please contact Ken O’Neill: firstname.lastname@example.org.
For any general enquires in relation to the Stage 2 of the general review, please contact email@example.com.
- Code of Practice for Statistics (statisticsauthority.gov.uk)
- General review - stage 2 | Accountant in Bankruptcy (aib.gov.uk)