The number of Scots going bankrupt is up by more than 50% over a year, according to the latest quarterly figures.
There were 1,144 bankruptcies recorded in April to June this year, a rise of 14.7% on the previous quarter and 51.1% higher than the same period in 2015.
But the total for the first quarter of 2015-16 was particularly low as a result of changes to legislation, a report by the Accountant in Bankruptcy said.
It added: A more realistic comparison is obtained by looking at previous years activity.
The bankruptcies awarded in this quarter are 41.7% lower than the same quarter in 2013-14 and 34.9% lower than in 2014-15.
A total of 2,405 Scots were declared insolvent in the first qu…
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