Trust Deed, Sequestration and Debt Arrangement Scheme: FOI release

Note number

Table number

Note text

Note 1

Table 1

Bankruptcy information is based on relevant Debtor Contribution Order. The figure for creditor petition is omitted due to insufficient number of petitions

Protected Trust Deed information is based on latest (actual payment) Form 4 as at July 2021. 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.

Note 2

Table 1

Figures on median approximate monthly payment are rounded to the nearest £10

Note 3

Table 1

Figures on median approximate monthly payment 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.

Note 4

Table 2.1

Table 2.1 displays organisations with at least 25 bankruptcies awarded in between 01 January 2021 and 30 June 2021.

Note 5

Table 2.1

Table 2.2 displays organisations with at least 25 trust deeds protected in between 01 January 2021 and 30 June 2021.

Note 6

Table 2.2

Table 2.3 displays organisations with at least 25 DAS cases approved in between 01 January 2021 and 30 June 2021.

Note 7

Table 2.3

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.

Note 8

Table_3 and Table_4

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.

Note 9

Table 3

In Table 3, figures are rounded to the nearest £100.

Note 10

Table 5

Bankruptcy information is based on relevant Debtor Contribution Order.

Protected Trust Deed information is based on latest (actual payment) Form 4 as at July 2021. 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.

Note 11

Table 5

Note that the figures are based on the completed Form 4. So, the 2021 figure is not able to be presented here because not all trust deeds protected in 2021 have completed the first year.

Note 12

Table 5

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.

Statutory debt solution

Amount

Bankruptcy: Full Administration [note 3]

130

Bankruptcy: Creditor Petition [note 3]

[not applicable]

Protected Trust Deed

[not applicable]

Debt Arrangement Scheme

170

Trustee organisation

Number of bankruptcies awarded

Total bankruptcies awarded (excl. MAP)

364

of which organisation: Accountant in Bankruptcy

251

of which organisation: Wylie & Bisset

28

of which organisation: Other

85

Trustee organisation

Number of Protected Trust Deeds

Total number of Protected Trust Deeds

2412

of which organisation: Carrington Dean

981

of which organisation: Harper McDermott

740

of which organisation: Wilson Andrews

193

of which organisation: Interpath Advisory

134

of which organisation: J3 Debt Solutions

125

of which organisation: Wylie & Bisset

84

of which organisation: AGT Insolvency

51

of which organisation: Other

104

Money adviser organisation

Number of approved DPPs

Total number of approved DPPs

2,254

of which organisation: Carrington Dean Group

1,208

of which organisation: Harper McDermott

345

of which organisation: Step Change Debt Charity Scotland

255

of which organisation: J3 Debt Solutions

149

of which organisation: Interpath Advisory

56

of which organisation: Begbies Traynor Central

36

of which organisation: Gregory Pennington (Wilson Andrews)

35

of which organisation: Other

170

Statutory debt solution

Amount

Bankruptcy (MA and FA)

14,900

Of which: Minimal Asset Process (MAP)

12,200

Of which: Full Administration (FA)

30,200

Protected Trust Deed

16,100

Debt Arrangement Scheme

12,300

Statutory debt solution

Number of Cases

Bankruptcy (MAP & FA)

196

Of which: Minimal Asset Process (MAP)

183

Of which: Full Administration (FA)

13

Protected Trust Deed

388

Debt Arrangement Scheme

548

Statutory debt solution

Number of Cases

Bankruptcy: Full Administration (note 12)

271

Bankruptcy: Creditor Petitions (note 12)

15

Protected Trust Deed (note 11)

Not applicable

Debt Arrangement Scheme

933