Scottish personal insolvencies decrease by 3.8%

30th April 2020

Latest figures from Accountant in Bankruptcy, Scotland’s Insolvency Service have indicated that personal insolvencies decreased in Scotland in Q1 2020

There were 3,156 individual insolvencies in Scotland Q1 2020. This was a decrease of 3.8% compared to the same quarter of the previous year.

This comprised of 1,129 sequestrations (of which 455 went into sequestration via the minimal asset process route) and 2,027 protected trust deeds.

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Scottish personal insolvencies decrease by 3.8%

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