Data on Trust Deeds, Sequestration & Debt Arrangement Schemes: FOI release

Information requested

1. The average payment per month in a, Trust Deed, Sequestration & Debt Arrangement Scheme made by a debtor.
2. Total number of Trust Deeds, Sequestration and Debt Arrangement Scheme per Trustee/Company signed for the years:
(i) 1st January 2019 to 31 December 2019
(ii) 1st January 2020 to 31st December 2020.
3. Average debt level per Trust Deed, Sequestration and Debt Arrangement Scheme.
4. How many Trust Deeds & Sequestrations & DAS have been granted / awarded with a debt level between £5,000 and £8,000 since January 2020.
5. The number of Trust Deeds, Sequestration and DAS cases signed between 1st January 2019 and 31st December 2020 with a payment lower than £149 per month.

Response

1. The median approximate monthly payment for each of the statutory debt solutions are included in Table 1 (below), Information is based on the protected date for a Protected Trust Deed (PTD), the awarded date for bankruptcies, and the approved date for Debt Payment Programmes (DPPs) under the Debt Arrangement Scheme (DAS). Data is included for the calendar years 2019 and 2020.

Table 1: Median approximately monthly payment by statutory debt solution and year of protected/approved date: Scotland, annual data (calendar year), since 2019 (1,2)
 

Statutory debt solution	2019 (£)	2020 (£)
Bankruptcy: Full Administration (3)	130	130
Bankruptcy: Creditor Petition (3)	230	190
Protected trust deed	140	140
Debt Arrangement Scheme	220	200

1) Bankruptcy information is based on relevant Debtor Contribution Order.  Protected trust deed information is based on latest (actual payment) Form 4 as at July 2020. Note only the total number of contribution ingathered and total realisation from contributions are available. It is not within AiB's remit to collect further information, including the frequency of contribution ingathered. Therefore, while care has been taken to ensure the PTD figure presented here is accurate as much as possible, caution is needed when interpreting this figure. Debt Arrangement Scheme information is based on eDEN administrative system for approved cases.

2) Figures rounded to nearest £10.

3) Figures are based on the original Debtor Contribution Orders, where contribution is set at more than £0. If zero contributions are included, then the median payment is £0. Variations are excluded from this table.

2.   (i) 1st January 2019 to 31 December 2019

      (ii) 1st January 2020 to 31st December 2020.

The total number of Trust Deeds protected, bankruptcies awarded and DPPs under the DAS approved by Trustee/Money adviser organisation for the calendar years 2019 and 2020 are included in Tables 2.1, 2.2 and 2.3 (below). Information is based on the protected date for a PTD, the awarded date for bankruptcies, and the approved date for DPPs under the DAS.

It should be noted that Minimal Asset Process (MAP) bankruptcies have been excluded from this table as The Accountant in Bankruptcy must act as the trustee in all MAP cases. There were 2,123 and 1,585 MAP bankruptcies in 2019 and 2020 respectively.

Table 2.1: Bankruptcies awarded (excluding MAP) by trustee organisations : Scotland, annual data (calendar year), since 2019 (1,2,3,4)
 

Trustee Organisation	Bankruptcies awarded
2019
Accountant in Bankruptcy	1,952
KPMG	109
Azets	80
Wylie & Bisset	69
Begbies Traynor	60
Grant Thornton UK	52
AMI Financial Solutions	51
Condies Business Recovery	40
BDO	34
Johnston Carmichael	34
Thomson Cooper	29
Other	214
Total bankruptcies awarded (exc. MAP)	2,724
2020
Accountant in Bankruptcy	898
Begbies Traynor	67
Azets	33
Wylie & Bisset	33
KPMG	32
Wilson Andrews	32
Condies Business Recovery and Insolvency	30
Other	184
Total bankruptcies awarded (exc. MAP)	1,309

1) Displaying organisations with 25 or more bankruptcy cases.
2) Bankruptcy awarded based on the calendar year of awarded date.
3) Figures presented here may not be consistent with the official, headline statistics publication. These tables on based on data extracted from live databases at a different point in time. The headline statistics are the definitive source on the number of awards of bankruptcy.
4) The Accountant in Bankruptcy must act as trustee in all Minimal Asset Process (MAP) cases. There were 2,123 and 1,585 MAPs awarded in 2019 and 2020 respectively.
 

Table 2.2: Trust deeds protected by organisation: Scotland, annual data (calendar year), since 2019 (1, 2, 3)
Trustee Organisation	Trust deeds protected
2019
Carrington Dean	3,327
Harper McDermott	1,758
Campbell Wallace Fraser	1,157
Wilson Andrews	673
KPMG	671
Campbell Dallas	228
Wylie & Bisset	208
Hanover Insolvency	187
Begbies Traynor	129
William Duncan	109
Payplan Scotland	85
J3 Debt Solutions	83
AGT Insolvency	35
KLM Chartered Accountants-Insolvency Practitioners	25
Other	90
Total trust deeds protected	8,765
2020
Carrington Dean	2,025
Harper McDermott	1,565
Wilson Andrews	701
Campbell Wallace Fraser	646
KPMG	344
AGT Insolvency	214
J3 Debt Solutions	153
Wylie & Bisset	144
Campbell Dallas / Azets	114
Hanover Insolvency	81
Payplan Scotland	73
Begbies Traynor	46
Bingham Associates	26
Other	44
Total trust deeds protected	6,176

1) Displaying organisations with 25 or more trust deeds protected.
2) Trust deeds protected based on the calendar year of protected date.
3) Figures presented here may not be consistent with the official, headline statistics publication. These tables on based on data extracted from live databases at a different point in time. The headline statistics are the definitive source on the number of protected trust deeds.
 

Table 2.3: Number  of  Debt  Payment   Programmes (DPPs) under  the  Debt Arrangement  Scheme (DAS) approved by money adviser organisations: Scotland, annual data (calendar year), since 2019 (1,2,)

Money adviser organisations	DPPs under the DAS approved
2019
StepChange Debt Charity Scotland	1,080
Carrington Dean Group	606
KPMG	173
Harper McDermott	144
Gregory Pennington (Wilson Andrews)	116
Citizens Advice & Rights Fife	74
North Lanarkshire Council	68
Campbell Dallas	66
South Lanarkshire Council - Money Matters Advice Service	61
Murray Stewart Fraser	59
The Moray Council	53
Begbies Traynor Central	35
Hamilton CAB	31
Perth CAB	28
Other	313
Total DPPs under the DAS approved	2,907
2020
Carrington Dean	1,500
StepChange Debt Charity Scotland	568
Harper McDermott	446
J3 Debt Solutions	166
Gregory Pennington (Wilson Andrews)	147
KPMG	127
Begbies Traynor Central	58
Azets Debt Solutions	45
Citizens Advice & Rights Fife	41
Wylie & Bisset	33
The Moray Council	30
South Lanarkshire Council - Money Matters Advice Service	28
Other	265
Total DPPs under the DAS approved	3,454

1) Displaying money adviser organisations with 25 or more DAS cases approved. 
2) DAS approved based on the calendar year of approved date. 
3)  Figures presented here may not be consistent with the official, headline statistics publication. These tables on based on data extracted from live databases at a different point in time. The headline statistics are the definitive source on the number of Debt Payment Programmes under the Debt Arrangement Scheme. 

3. The median debt level for each of the statutory debt solutions are included in Table 3 (below), Information is based on the protected date for a PTD, the awarded date for bankruptcies, and the approved date for DPPs under the DAS. Data is included for the calendar years 2019 and 2020 and figures are rounded to the nearest £100.
 

Table 3: Median debt level by statutory debt solution and year of awarded/protected/approved date: Scotland, annual data (calendar year), since 2019 (1,2)
Statutory debt solution	2019 (£)	2020 (£)
Bankruptcy (MAP and FA)	14,100	14,800
Minimal Asset Process (MAP)	9,600	10,800
Full Administration (FA)	25,000	28,500
Protected trust deed	15,400	16,400
Debt Arrangement Scheme	16,100	15,000

1)  Bankruptcy information based on debtor application form for bankruptcy awarded in calendar years. AiB does not have readily available information on debt levels in creditor petitions.   PTD information is based on Form 3 for PTDs protected in calendar years.  Debt Arrangement Scheme information is based on eDEN administrative system for cases in approved calendar years.
2) Figures rounded to nearest £100.

4. The number of cases for each statutory debt solution with debt levels between £5,000 and £8,000 are included in Table 4 (below). Information is based on the protected date for a PTD, the awarded date for bankruptcies, and the approved date for DPPs under the DAS.
 

Table 4: Number of cases with debt level between £5,000 and £8,000 by statutory debt solutions: Scotland, annual data (calendar year), 2020 only (1)
Statutory debt solution	Statutory debt solution
Bankruptcy (MAP and FA)	Bankruptcy (MAP and FA)
Minimal Asset Process (MAP)	322
Full Administration (FA)	12
Protected trust deed	602
Debt Arrangement Scheme	497

1)  Bankruptcy information based on debtor application form for bankruptcy awarded in calendar years. AiB does not have readily available information on debt levels in creditor petitions. PTD information is based on Form 3 for PTDs protected in calendar years. Debt Arrangement Scheme information is based on eDEN administrative system for cases approved in calendar years.

5. The number of cases for each statutory debt solution with approximate payment of lower than £149 for the calendar years 2019 and 2020 are included in Table 5 (below). Information is based on the protected date for a PTD, the awarded date for bankruptcies, and the approved date for DPPs under the DAS. 
Note that the 2020 figure for PTD is based on the completed Form 4 once each year until a PTD is concluded. The figure is lower than the 2019 figure because not all trust deeds protected in 2020 have completed the first year as yet. Therefore, caution is needed when interpreting this figure.
 

Table 5: Number of cases with approximately payment lower than £149: Scotland, annual data (calendar year), since 2019 (1)
Statutory debt solution	2019
Bankruptcy: Full Administration (3)	1,524
Bankruptcy: Creditor Petition (3)	515
Protected trust deed (2)	5,287
Debt Arrangement Scheme	818

1. Bankruptcy information is based on relevant Debtor Contribution Order.
Protected trust deed information is based on latest (actual payment) Form 4 as at December 2020. Note only the total number of contribution ingathered and total realisation from contributions are available. It is not within AiB's remit to collect further information, including the frequency of contribution ingathered. Therefore, while care has been taken to ensure the PTD figure presented here is accurate as much as possible, caution is needed when interpreting this figure.  Debt Arrangement Scheme information is based on eDEN administrative system for approved cases.
2. Note that the figures are based on the completed Form 4. So, the 2020 figure is low as expected because not all trust deeds protected in 2020 have completed the first year.
3. Figures are based on the original Debtor Contribution Orders, where contribution is set at least £0. This is different from Table 1 within this Excel file.  

​​​​​​​Variations are excluded from this table.

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FOI - 202100140901 - Information released

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