The Fall of Personal Insolvencies and Debt Solutions in Scotland
Recent official statistics released from the Accountant in Bankruptcy (AiB) confirmed that the level of personal insolvencies in Scotland including bankruptcies (sequestrations) and protected trust deeds (PTDs) have decreased to their lowest level in around 10 years. Figures taken from the third quarter of 2014-15 show that 2,633 personal insolvencies