Articles

House model with agent and customer discussing calculate for price contract to buy, get insurance or loan real estate or property.

DAS

Can I get a mortgage after a Debt Arrangement Scheme (DAS)?

If you have aspirations of buying a home but have recently been in a Debt Arrangement Scheme (DAS), the good news is that getting a mortgage after a DAS is possible. You may even be able to access a m...

Young couple sitting in the kitchen preparing bills to pay

Personal Debts

Budgeting

How can I manage my debts even with a low income?

Getting out of debt is difficult enough at the best of times, but when you’re on a low income, it can feel like an uphill battle.

Trust Deed

Pros and cons of a Trust Deed

A Trust Deed can be a viable alternative to sequestration for individuals in Scotland with unmanageable and unsecured debts of over £5,000.

Trust Deed

Will I Lose My Home If I Enter Into a Trust Deed?

If you’re having difficulty paying your debts and have assets or a regular income, you may qualify for a Trust Deed.

Business Debt

What are the insolvency tests for a limited company?

If your company is experiencing financial difficulties, it is important to determine the extent of the problems being faced so that a plan can be put in place to turn the situation around. One of your...

Business Debt

What are my options for closing my company?

If you’ve decided it’s time to close your limited company, there are several different routes you can take. The most appropriate closure method will depend on whether your business is solvent (can...

Business Debt

Can’t pay my company’s tax bill - what are my options?

Most companies put money aside to pay their PAYE, VAT and Corporation Tax bill. But what happens when you’re forced to spend that money on something else, or your bill is unexpectedly large and you...

Lawyer, legal advisor, businessman brainstorming information on agreement details Business contracts in legal processing books for accuracy in contract documents. joint financial investment.

Business Debt

Winding-up Petition

A Winding-up Petition is a legal notice presented to the court by a creditor with a view to forcing a company into liquidation. If a winding-up order is granted by the court, compulsory liquidation ca...

Business Debt

Is my company insolvent?

As a company director, you have to keep a close eye on your business’s finances, particularly when it’s struggling. As soon as your company becomes insolvent, your duties as a director will change...

Personal Debts

What to do if you are struggling to repay benefit overpayments

If you have debt as a result of an overpayment of state benefits, you will need to make arrangements to pay this back to the government.

Trust Deed

What do the new Trust Deed 3 day cooling off period changes mean for you?

Cooling off periods are common for most goods and services, particularly those which are purchased online that you haven’t seen in person.

Bailiffs and Legal Action

What is a charging order on your home in Scotland?

A charging order in England and Wales is a legal order that secures an unpaid debt against your property.