FoI/19/02109 · FOI · not held
Trust Deeds and Debt Arrangement Scheme statistics: FOI release
Information requested
You asked for the following information:
0. The total number of Trust Deeds granted per Trustee/Company/Practice from 01/01/2019 to 31/08/2019
1. The number of Trust Deed Form 1s registered with the AiB in 2018 and 2019, and which Company (Insolvency Practitioner/practice) registered the forms
2. The number of Trust Deeds registered with the AIB as protected in 2018 and 2019, and which Company (Insolvency Practitioner/practice) was responsible for registering same
3. The average debtor contribution payments per month, in a Trust Deed and in a Debt Arrangement Scheme case for 2018 and 2019
4. The average debt levels in a Trust Deed and in a Debt Arrangement Scheme case for 2018 and 2019.
Response
I enclose a copy of all the information you requested, detailed below and attached in the Excel spreadsheet. Note that while all the information requested is available, for some parts of your request there will be differences in time period requested.
The provisional 2019-20 Q2 data (covering the period July to September 2019) is currently being prepared as part of the Scottish Quarterly Insolvency Statistics 2019-20 Q2 report. This report will be published on Wednesday 23 October 2019, and further detailed statistics (subject to data availability and disclosure check control) will be available on request afterwards. Hence, under section 27(1) of FOISA we do not have to provide information which is already planned to be released.
Hence, data for 2019 is based on between 01 January 2019 and 30 June 2019.
0. The total number of Trust Deeds granted per Trustee/Company/Practice from 01/01/2019 to 31/08/2019
We do not hold information on the total number of trust deeds granted as records are not retained on trust deeds that are granted, but do not go on to be protected.
This is a notice under section 17 of FOISA that the information you have requested is not held.
1. The number of Trust Deed Form 1s registered with the AiB in 2018 and 2019, and which Company (Insolvency Practitioner/practice) registered the forms
The number of protected trust deeds (PTDs) advertised by company in 2018 and 2019 (01/01/2019 to 30/06/2019) is shown in the following table. Information is shown on a calendar year basis and based on the advertised date for the PTD.
Table 1: Protected trust deeds advertised by company: Scotland, annual data (calendar year), 2018 and 2019 (01/01/2019 to 30/06/2019)(1), (2)
Company PTDs advertised 2018 Carrington Dean 2993 Harper McDermott 1543 Campbell Wallace Fraser 1219 KPMG 756 Hanover Insolvency 407 Campbell Dallas 247 Wylie & Bisset 239 William Duncan (Business Recovery) 209 Begbies Traynor 157 Wilson Andrews 112 Payplan Scotland 104 Grant Thornton UK 59 PTD Today 37 Murray Stewart Fraser 34 Pinnacle Insolvency 26 Other 88 Total PTDs advertised (2018) 8230
Company PTDs advertised 2019 Carrington Dean 1800 Harper McDermott 1001 Campbell Wallace Fraser 631 KPMG 432 Wilson Andrews 345 Wylie & Bisset 116 Hanover Insolvency 106 Campbell Dallas 94 Begbies Traynor 63 William Duncan (Business Recovery) 53 Payplan Scotland 44 J3 Debt Solutions 41 Grant Thornton UK 34 Other 82 Total PTDs advertised (2019) 4842
(1) Displaying companies with 25 or more PTDs advertised. (2) PTDs advertised based on advertised date.
2. The number of Trust Deeds registered with the AIB as protected in 2018 and 2019, and which Company (Insolvency Practitioner/practice) was responsible for registering same?
The number of PTDs protected by company in 2018 and 2019 (01/01/2019 to 30/06/2019) is shown in the following table. Information is shown on a calendar year basis and based on the protected date for the PTD.
Table 2: Protected trust deeds protected by company: Scotland, annual data (calendar year), 2018 and 2019 (01/01/2019 to 30/06/2019)(1), (2), (3)
Company PTDs protected 2018 Carrington Dean 2844 Harper McDermott 1278 Campbell Wallace Fraser 1113 KPMG 679 Hanover Insolvency 330 Wylie & Bisset 254 Campbell Dallas 214 William Duncan (Business Recovery) 166 Begbies Traynor 115 Payplan Scotland 89 Wilson Andrews 84 Grant Thornton UK 53 Murray Stewart Fraser 30 Other 76 Total PTDs protected (2018) 7325
Company PTDs protected 2019 Carrington Dean 1564 Harper McDermott 931 Campbell Wallace Fraser 615 KPMG 365 Wilson Andrews 276 Campbell Dallas 117 Hanover Insolvency 116 Wylie & Bisset 101 William Duncan (Business Recovery) 65 Begbies Traynor 61 Payplan Scotland 41 Grant Thornton UK 31 KLM Chartered Accountants-Insolvency Practitioners 25 Other 74 Total PTDs protected (2019) 4382
(1) Displaying companies with 25 or more PTDs protected. (2) PTDs protected based on protected date. (3) Figures presented here may not be consistent with the official, quarterly Scottish Insolvency Statistics publication. These tables on based on data extracted from live databases at a different point in time. The quarterly statistics are the definitive source on the number of protected trust deeds.
3. The average debtor contribution payments per month, in a Trust Deed and in a Debt Arrangement Scheme for 2018 and 2019 (01/01/2019 to 30/06/2019)
The average (median) approximately monthly payment for PTDs and Debt Arrangement Scheme (DAS) case is shown in the following table.
Table 3: Median approximately monthly payment by statutory debt solution and year of protected/approved date: Scotland, annual data (calendar year), 2018 and 2019 (01/01/2019 to 30/06/2019)(1), (2)
Statutory debt solution 2018 (£) 2019 (£) Protected trust deed(3) 140 - Debt Arrangement Scheme 220 230
(1) Protected trust deed information is based on latest (actual payment) Form 4 as at 26 September 2019. 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 cases approved in between 01/01/2018 and 30/06/2019 (2) Figures rounded to nearest £10. (3) Due to a very low number of Form 4 cases for 2019, figure is not shown.
4. The average debt levels in a Trust Deed and in a Debt Arrangement Scheme for 2018 and 2019
The average (median) debt level per month for PTDs and DAS cases is shown in the following table.
Table 4: Median debt level by statutory debt solution and year of protected/approved date: Scotland, annual data (calendar year), 2018 and 2019 (01/01/2019 to 30/06/2019)(1), (2)
Statutory debt solution 2018 (£) 2019 (£) Protected trust deed 14800 15200 Debt Arrangement Scheme 16500 17200
(1) PTD information is based on Form 3 for PTDs protected in between 01/01/2018 and 30/06/2019. Debt Arrangement Scheme information is based on eDEN administrative system for cases approved in between 01/01/2018 and 30/06/2019. (2) Figures rounded to nearest £100.
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Contact Please quote the FOI reference Central Enquiry Unit Email: ceu@gov.scot Phone: 0300 244 4000 The Scottish Government St Andrews House Regent Road Edinburgh EH1 3DG
Detected exemption language
Hence, under section 27(1) of FOISA we do not have to provide information which is already planned to be released. This is a notice under section 17 of FOISA that the information you have requested is not held.
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