Money Advice Scotland suggested the problem lay with “cost of living” debt (borrowing to pay for essentials) among people with little or no disposable income.viEEFW Committee, Official Report, 21 January 2020, col 21
The Accountant in Bankruptcy highlighted previous work carried out by the Scottish Government's Protected Trust Deeds Working Group in 2009 to "make recommendations for appropriate legislative and non-legislative measures to ensure the Protected Trust Deed process in Scotland was fit for purpose and strikes the best...