Sequestration Articles

Sequestration

How could sequestration affect my job?

In many cases sequestration doesn’t affect a person’s job, and you may be able to carry on working with no adverse effects on your current or future employment situation.

Sequestration

Is a Trust Deed or Sequestration public knowledge?

Entering a Trust Deed or Sequestration (Bankruptcy) will be recorded on the Register of Insolvencies which is publicly accessible, including these details.

Sequestration

Personal Loans for People in Bankruptcy

Getting personal loans after a bankruptcy discharge can be a problem because your credit file will be adversely affected by the insolvency.

Sequestration

Sequestration explained for Scots with personal debts

Sequestration is the Scottish term for bankruptcy, and is often seen as a last resort by those in personal debt.

Sequestration

What happens after you are discharged from sequestration?

Being discharged from sequestration represents a key moment in becoming debt-free, and signifies the beginning of an improved financial situation.

Sequestration

I recently filed for sequestration, how am I supposed to manage without a bank account?

Despite optimistic reports that the economic situation is improving, sequestration levels remain high in Scotland when compared with pre-recession statistics.

Sequestration

What happens to my pension in sequestration?

When you enter sequestration, your assets are placed in the control of a Trustee who will seek to realise as much money as possible from them in order to pay your creditors.

Sequestration

What is the impact of my wife or husband’s sequestration on me?

The nature of sequestration means that your husband or wife’s assets are placed under the control of a trustee.

Sequestration

Can I claim PPI compensation if I’m bankrupt or sequestrated?

Following the boom of mis-sold PPI pay-outs in recent years, this is a question that is cropping up more and more often.