Friday, 9 October 2009

Home Owner and Debtor Protection (Scotland) Bill - issued

The Home Owner and Debtor Protection (Scotland) Bill has been issued by the Scottish Parliament (pictured). The Bill relates to a proposed Act of the Scottish Parliament to amend the law regarding the enforcement of standard securities over residential property; to amend the Bankruptcy (Scotland) Act 1985 as regards the grounds on which a debtor may apply for sequestration, the types of voluntary trust deed to which the Act applies, the sale or disposal of a debtor’s family home and requirements to publish notices about sequestration in the Edinburgh Gazette; and for connected purposes.

Picture Credit: http://robertarood.files.wordpress.com/2007/09/parliament-public.jpg

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