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Bankruptcy

Volume 173: debated on Tuesday 5 June 1990

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To ask the Secretary of State for Scotland if he will show from each year since inception of the Bankruptcy (Scotland) Act 1985 the number of persons made bankrupt in respect of cautionary obligation.

To ask the Secretary of State for Scotland in how many sequestrations the Accountant of Bankruptcy accepted for payment accounts submitted to him by trustees in terms of section 53 of the Bankruptcy (Scotland) Act 1985 containing hourly rates of remuneration in excess of £62·50 during the year ended 31 March.

To ask the Secretary of State for Scotland what is (a) the maximum, (b) the minimum and (c) the average amount yet paid to a trustee for any one case of sequestration in terms of the Bankruptcy (Scotland) Act 1985.

In those cases where the final outcome is known the amounts paid to trustees from public funds, excluding refunded outlays, were as follows:

£
(a) Maximum17,866·38
(b) Minimum258·25
(c) Average2,889·00

To ask the Secretary of State for Scotland if he will list for each year since inception the names of the 10 trustees who received the largest aggregate total sum for work carried out under the Bankruptcy (Scotland) Act 1985 and for each of the top 10 the sum received in each year.

For commercial reasons it would not be appropriate to provide details of the level of payments made to individual practitioners.

To ask the Secretary of State for Scotland in how many sequestrations the payment of fees from public funds to the trustee has exceeded the total debt of the bankrupt person; and in how many it has exceeded 50 per cent. thereof.

In those cases where the final outcome is known the fees paid to trustees have exceeded 50 per cent. of the total debt in 15 cases and of these in five cases the fees paid to the trustee exceeded the total debt.