Concerns As Record Number of Scots Face Threat of Insolvency
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Summary
A record number of Scots will be made bankrupt in 2011, according to accountant and business adviser PKF.
The firm is predicting that final figures will show about 22,000 Scots were sequestrated (the Scottish term for bankruptcy) or took out a Protected Trust Deed (PTD) in 2010, or 425 a week, and that this year will see even higher levels of personal insolvency.See the full content of this document
Extract
Concerns As Record Number of Scots Face Threat of Insolvency
Personal bankruptcy during 2011 will be impacted by the Comprehensive Spending Review (CSR), which is l...
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