Latest data from Accountant in Bankruptcy has found that personal insolvency numbers (bankruptcies and protected trust deeds) in Scotland for Quarter 3 (Q3) 2024-2025 decreased by 11.4% compared with the same quarter in 2023-2024, which totalled at 1,784. The number of personal insolvencies (bankruptcies and protected trust deeds) in Scotland also decreased by 6% when…
Read moreLatest figures from Accountant in Bankruptcy showed that there were 8,085 Scottish personal insolvencies in the year 2023-2024. This was an increase of 1% on 2022-2023’s figure of 8,001, an increase of 4% on 2021-2022’s figure of 7,769 and a decrease of 40% compared to pre-pandemic levels in 2019-2020 (13,491). Commenting on the annual Scottish…
Read moreLatest figures from Accountant in Bankruptcy (AiB) have revealed that personal insolvencies increased by 2% for Quarter 3 (Q3) 2023-2024 compared with Q3 2022-2023, to a total of 2,014. The number of personal insolvencies (bankruptcies and protected trust deeds) in Scotland for Q3 2023-2024 decreased by 3.3% compared to the previous quarter’s total of 2,082…
Read moreLatest quarterly statistics from Accountant in Bankruptcy (AiB) indicated that Scottish business insolvencies increased by 7%. In Quarter 3 (Q3), there were 296 total company insolvencies in Scotland, 7% higher than in the same quarter of 2022. The business insolvencies comprised 107 compulsory liquidations, 174 CVLs and 15 administrations. There were no CVAs or receivership…
Read moreAnnual figures from Accountant in Bankruptcy (AiB) have indicated that personal insolvency numbers in Scotland rose by nearly 3% in the year 2022-2023. The figures showed taht there were 8,004 personal insolvencies, this was an increase of 3% on 2021-2022’s figure of 7,769, a rise of 5.3% on 2020-2021’s figure of 7,600 and a fall…
Read moreLatest quarterly figures from Accountant in Bankruptcy (AiB) have indicated that personal insolvency numbers (liquidations and receiverships) in Scotland decreased by 5% when compared with Quarter 4 2021. In Quarter 4 2022, there were 1,966 individual insolvencies in Scotland. The personal insolvencies comprised of 1,392 protected trust deeds and 574 bankruptcies (also known as sequestrations),…
Read moreNew data from Account in Bankrupcy (AiB) has revealed a quarterly and yearly fall in Scottish personal insolvencies. Overall there were 1,966 personal insolvencies (bankruptcies and protected trust deeds (PTDs)) in 2022-23 Q3. This is a decrease of 4.9% when compared with 2021-22 Q3. The number of personal insolvencies (bankruptcies and protected trust deeds) in…
Read moreLatest 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…
Read moreLatest figures from Accountant in Bankruptcy (AiB) have shown that overall, personal insolvency numbers (bankruptcies and protected trust deeds) in Quarter 1 2022-2023 rose by 8.1% The number of personal insolvencies (bankruptcies and protected trust deeds) in Scotland for Q1 rose by 7.4% when compared with the previous quarter (January-March 2022). Commenting on the figures…
Read moreLatest figures from Accountant in Bankruptcy have shown that overall, personal insolvency numbers (bankruptcies and protected trust deeds) in Scotland for Quarter 4 2021-2022 were 13% higher compared with Q4 2020-2021, at 1,894 (2021-2022) against 1,677 (2020-2021). A total of 551 bankruptcies were awarded during this quarter – a 2.1% decrease on the same quarter…
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