Scottish Statutory Debt Solutions Statistics: Annual edition
An experimental statistics publication for Scotland
Outcome of DPPs
Since DAS was introduced, just over 46,800 DAS DPPs have been approved. Looking at each DAS case it can be established whether it has been completed, revoked or remains live and ongoing.
Table 9 below shows the outcome status for DAS cases by financial year of the approval date as at 31 March 2023. It should be noted that around 35.7% of DAS cases are still ongoing and a DPP approved in the last three financial years is expected to last for between 6.5 and 7.1 years. Consequently these figures need to be interpreted with caution.
Note that figures presented in Table 9 are not consistent with the official, headline statistics. This is because these figures are based on data extracted from the live DAS database at a different point in time. Furthermore, all DPPs approved in earlier years are mainly affected by missing information due to AiB’s data retention and destruction policy. For example, all information for revoked cases must be removed from the system two years after the date of revocation, and all information for completed cases must be removed three years after the date of completion.
| Financial year of the approval date | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | Annual change (%) |
|---|---|---|---|---|---|---|---|---|---|
| Median expected duration for live DPPs (years) | 9.8 | 9.3 | 8.5 | 8.1 | 7.4 | 7.1 | 6.5 | 6.5 | [z] |
| Median actual duration for completed DPPs (years) | 4.2 | 3.9 | 3.3 | 2.9 | 2.3 | 1.6 | 1.0 | 0.3 | [z] |
| Median actual duration for revoked DPPs (years) | 1.9 | 1.9 | 1.6 | 1.8 | 1.7 | 1.2 | 0.7 | 0.4 | [z] |
| Number of approved DPPs | 2,043 | 2,233 | 2,318 | 2,544 | 3,130 | 3,677 | 4,489 | 4,947 | 10.2% |
| of which: Balancing item to match the published statistics | 1 | 2 | 4 | 1 | 0 | 0 | 0 | 0 | [z] |
| of which outcome: Live as at 31 March 2023 | 362 | 614 | 844 | 1,210 | 1,866 | 2,517 | 3,453 | 4,705 | [z] |
| of which outcome: Completed as at 31 March 2023 | 807 | 794 | 668 | 535 | 460 | 294 | 114 | 18 | [z] |
| of which outcome: Revoked as at 31 March 2023 | 873 | 823 | 802 | 798 | 804 | 866 | 922 | 224 | [z] |
| of which: Survived for one year | 1,715 | 1,937 | 1,936 | 2,230 | 2,907 | 3,316 | 3,783 | [z] | [z] |
| of which: Survived for two years | 1,482 | 1,696 | 1,732 | 2,068 | 2,624 | 2,893 | [z] | [z] | [z] |
| of which: Survived for three years | 1,342 | 1,568 | 1,658 | 1,921 | 2,385 | [z] | [z] | [z] | [z] |
| of which: Survived for four years | 1,278 | 1,523 | 1,582 | 1,779 | [z] | [z] | [z] | [z] | [z] |
| of which: Survived for five years | 1,246 | 1,465 | 1,522 | [z] | [z] | [z] | [z] | [z] | [z] |
| of which: Remains survived so far | 1,169 | 1,408 | 1,512 | 1,745 | 2,326 | 2,811 | 3,567 | 4,723 | [z] |
| Source: Accountant in Bankruptcy |
Note: [z] Not applicable as percentages have not been calculated where numbers are small or a data point is simply not applicable.
Table 9 above also shows the length of survival of approved DAS cases by financial year of the approval date since 2015-16. The five-year survival rate for all DAS cases approved in 2017-18 which either remained live or became completed successfully in 2022-23 was around 65.7%.
Chart 6 below shows the percentage of DAS cases approved resulting in revocation within one to three years of the approval date.
In 2022-23, the one-year DAS revocation rate fell below the rate for all earlier years (up to 2015-16). It is important to note that this one-year DAS revocation rate for 2022-23 (fixed as at 31 March 2023) may increase in the next financial year because cases approved in late 2022-23 may result in revocation in 2022-23 and statistics on 2023-24 are not included in this annual report. For example, in the previous annual report, the one-year DAS revocation rate was 6.5% as at 31 March 2022. This has been revised upwards to 15.7%.
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