Bankruptcy and Debt Advice (Scotland) Act 2014 Explanatory Notes

Overview

4.The Act comprises of 58 sections and 4 schedules. They are arranged under the following headings:

  • Advice and education

  • Payments by debtor following sequestration

  • Sequestration where debtor has few assets

  • Moratorium on diligence

  • Application for sequestration

  • Administration of estate

  • Discharge following sequestration

  • Records

  • Functions of sheriff and Accountant in Bankruptcy in sequestration

  • Review of decisions made by Accountant in Bankruptcy

  • Miscellaneous amendments

  • General

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