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Accountant in Bankruptcy
Publication - Guidance

Bankruptcy information document

First published
15 July 2026
Last updated
13 October 2026 - see all updates
Topic
Bankruptcy

Key facts about personal bankruptcy in Scotland

Supporting document

Note: downloadable PDF of bankruptcy information document

How does bankruptcy affect my credit score?

Bankruptcy has a big impact on your credit score and will stay on your credit file for six years.

During this time, you may find it harder to borrow money or access certain financial products. Loans you are offered will likely have a higher interest rate.

First published
Wednesday, 15 July 2026
Last updated
Tuesday, 13 October 2026 -
All updates

  1. updated to include video link and qr code.

  2. Published on website

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