Proposed updates to Scottish bankruptcy provisions

Atmospheric Scottish coastline.

CAP has responded to the proposals in chapter three of the Scottish Government’s Covid recovery: public health, services and justice system reforms consultation. These proposals seek to place temporary provisions made during the Covid pandemic onto a permanent footing, including raising the minimum debt level for creditor-petition bankruptcy to £10,000 and a longer moratorium period. CAP has welcomed the proposals as beneficial modernisation and improvement to the bankruptcy system in Scotland, with only an amendment to the proposed extended moratorium period to be twelve weeks rather than six months. Read our full response below.