Form 19 Application to resign from office as Trustee in Sequestration

View a larger version of this image

Form 20 Income Payment Agreement

View a larger version of this image

View a larger version of this image

View a larger version of this image

View a larger version of this image

View a larger version of this image

Regulation 19(1)

Form 21 Notice of Abandonment of Heritable Property by Trustee in Sequestration

View a larger version of this image

View a larger version of this image

View a larger version of this image

Regulation 19(2)

Form 22 Notice of Abandonment of Heritable Property where the Accountant in Bankruptcy is the Trustee in Sequestration

View a larger version of this image

View a larger version of this image

View a larger version of this image

Regulation 20

Form 23 Debtor 146 s Account of Current State of Affairs

View a larger version of this image

View a larger version of this image

View a larger version of this image

View a larger version of this image

View a larger version of this image

View a larger version of this image

View a larger version of this image

Explanatory Note

(This note does not form part of the Regulations)

These Regulations re-enact with modifications regulations 6, 7, 8, 10, 11 and 12 of the Bankruptcy (Scotland) Regulations 1985 (S.I. 1985/1925) and revoke the remaining regulations of those Regulations.

Regulation 12 sets out the time limits within which a debtor must be given a Debt Advice and Information Pack prior to lodging a petition for sequestration.

Regulation 13 increases from £750 to £1500 the amount of debt a creditor must be owed to establish ‘apparent insolvency’ by an expired statutory demand.

Regulation 14 sets out procedures for debtor applications to the Accountant in Bankruptcy for sequestration, as introduced by the Bankruptcy and Diligence (Scotland) Act 2007 and regulation 15 makes provision in relation to such applications in the case of low income/low asset debtors.

Regulations 16, 17, 18, 19 and 20 prescribe forms in respect of various procedures.