With effect from 1 October 2009, all creditors who petition to make an individual bankrupt in a Scottish Court, must pay an administration fee of £100 to Accountant in Bankruptcy (AiB).
AiB have introduced the new fee in accordance with the Scottish Government’s drive for sustainable public services, as part of a raft of measures to decrease its reliance on core Scottish Government funding and the public purse.
The new fee covers AiB’s administration costs for processing and recording creditor petitions and undertaking checks to prevent duplication of petitions and applications for bankruptcy.
All enquiries on the new creditor fee should be directed to AiB via their website www.aib.gov.uk or by contacting the AiB Helpline on 0845 762 6171
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