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Notes for Guidance - Bankruptcy (Scotland) Act 2016 (as amended)

This guidance describes the general functions of Accountant in Bankruptcy, interim trustees, trustees and commissioners in relation to their responsibilities regarding bankruptcies which started on or after 30 November 2016.

10.7 Debtor’s account for state of affairs

A debtor who is not discharged or has a DCO in place (including a nil amount) is required to complete a Current State of Affairs, Form 23 of The Regulations, every six months from the date of bankruptcy.

Upon receipt of the document the trustee should review the information and advise the debtor, in writing, whether or not there will be any changes made to their DCO, or the administration of assets, within four weeks of receipt of all the information required.

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