Scotland’s Personal Insolvency rates decline

8th August 2016

Latest statistics from Accountant in Bankruptcy (AIB). The overall rate of personal insolvencies, which include both bankruptcies and protected trust deeds, has decreased a quarter in the last financial year from 25.13 to 19 per 10,000 adults. The number of Scots entering a Debt Arrangement Scheme (DAS) also fell to half the rate of the previous financial year, down to 4.58 per 10,000 adults and decreased across all 32 local authorities.

The full report is available by clicking here.