Record order for bankrupt

A BANKRUPT debtor has had the longest ever recorded Bankruptcy Restrictions Order in Scotland imposed on him.

Derek Carlyle from Hamilton, Lanarkshire, has been placed under serious financial restrictions until 2024.

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Mr Carlyle was declared bankrupt in 2009 following a court petition by Jewson builders’ merchants. In August 2008, he sold a development property in Bothwell and shortly afterwards deposited £563,941.70 in his father’s bank account – an account controlled by Mr Carlyle.

The orders offer protection to creditors and impose restrictions on debtors who have acted inappropriately either before, or during their bankruptcy.