Scottish personal insolvencies rise 8%

3rd August 2022

Latest quarterly figures from Accountant in Bankruptcy (AiB) have shown that overall, personal insolvency numbers in Scotland for Quarter 2 2022-2023 rose by 8%

In Q2 2022, there were 2,037 personal insolvencies in Scotland, 8% higher than during the same quarter of 2021.

The insolvencies comprised of 1,451 protected trust deeds and 586 bankruptcies (also known as sequestrations), of which 371 went into bankruptcy via the minimal asset process route.

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Scottish personal insolvencies rise 8%

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