New protected trust deed and Sequestration statistics are expected to be released on the 20th April 2011. These figures will be for the final quarter of 2010/2011.
The previous statistics showed a decrease in protected trust deeds of 35% in quarter two of 2010/2011.
The new statistics will be on Debt Support Trust when they are released by the Accountant In Bankruptcy. We anticipate a further reduction in the number of Protected Trust Deeds, with more people likely to enter the new Certificate of Sequestration.