Journal online news
- in the category: insolvency
Faculty queries future of protected trust deeds
Response questions purpose alongside debt arrangement scheme
Rewritten code for Scots insolvency rules in force from April
Two sets of rules reflect devolved and reserved powers
MSPs again reject ministers' proposed debt payment calculator
Common financial tool should be stalled pending wider review: committee
Ministers open consultation to improve protected trust deeds
Measures proposed to confine use of PTDs to proper cases
Sheriff refuses sequestration based on council tax summary warrants
Alleged debts in earlier warrants not properly vouched
Protected trust deed ended despite later PPI claim payout: Supreme Court
Debtor and agent held entitled to money in preference to trustee
Rise in Scottish bankruptcies
New figures show 23% increase for Q2 compared with 2017-18
Insurance policy proceeds held to vest in bankrupt after discharge
Right to payment "non-vested contingent interest", not "moveable property"
Personal insolvencies figures confirm upward trend
First quarter of 2018-19 shows 11.8% year on year rise
Bankruptcy Act does not exclude common law remedies, appeal judges rule
Interim interdict upheld where debtors' solicitors failed to act on charge
Insolvencies rise in 2017-18, provisional figures show
Personal and company totals both show close to 5% increase
Accountant in Bankruptcy consults on reworked fee structure
New proposals designed to close projected gap in funding