January 2014

Bankruptcy and Debt Advice (Scotland) Bill

The Society reiterated concerns to MSPs ahead of the stage 1 debate, in particular, proposals to extend the debt repayment period from three to four years; the removal of judicial involvement of the sequestration process from the Scottish courts to the Accountant in Bankruptcy; the extended role of AIB and potential for conflict of interest; and the unnecessarily cumbersome and lengthy appeal process that the Bill will introduce.