Fewer debt cases in Scottish courts
There has been an 11% drop in the number of debt cases raised in Scotland in the financial year 2012-13, compared to 2011-12, according to the latest statistics published by Scotland’s Chief Statistician. In total there were 35,900 debt cases raised – almost half the total number of civil law cases brought to court. Debt […]
Overall drop in use of diligence
It looks like there has been a small drop in the use of diligence in Scotland over the past year, if the latest Scottish Diligence Statistics, recently published by Scotland’s Accountant in Bankruptcy, are anything to go by. Diligence is the term for various processes of civil enforcement in Scottish law. A person or organisation […]
Changes to the World of Debt Recovery
Debt recovery update for businesses: New law targets late payers. The rules on late payments are due to be tightened a little from 29th March, when an EU Directive is brought into force in Scotland. The Late Payments Directive is designed to help businesses, especially small and medium sized enterprises (SMEs), recover their debts. Late […]