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Mrs. Margaret Ewing
To ask the Secretary of State for Trade and Industry if he will take steps to increase from £750 the minimum level of debt in respect of which a creditor may in terms of the Bankruptcy (Scotland) Act 1985 petition for the sequestration of his debtor.
Mr. Redwood
There are no current plans to increase this figure.
Mrs. Margaret Ewing
To ask the Secretary of State for Trade and Industry if he will instigate a review of all aspects of the scheme of payment from public funds to trustees in sequestrations under the provisions of the Bankruptcy (Scotland) Act.
Mr. Redwood
Insolvency service officials are currently undertaking an evaluation of the Scottish bankruptcy system with particular regard to funding.