Articles

Personal Debts

What is a Money Adviser in Scotland?

When you’re in debt and don’t know which way to turn, obtaining reliable and up-to-date advice is crucial.

Personal Debts

What are priority debts and how should I handle them?

When you are experiencing financial trouble, however temporary, it is important to divide your debts into priority and non-priority payments. Priority debts include mortgage or rent payments, utility...

Bailiffs and Legal Action

What happens when a creditor takes me to court in Scotland?

If a creditor is taking you to court in Scotland, the initial notification will be a writ or summons. This document should include details of your creditor, the amount owed, name of the court, and wha...

Personal Debts

Can I use money from my pension to pay debts?

New pension regulations introduced in 2015 completely changed the way you can access your pension, and opened up what was previously a limited range of options. Some people choose to pay off debt with...

Trust Deed

Can I object to the re-opening of a Trust Deed?

The re-opening of Trust Deeds has become a contentious issue in Scotland. Debtors who assumed that, having been discharged from their Trust Deed, no further action would be taken in relation to their...

Personal Debts

How can I clear my debts as quickly as possible?

Quickly clearing your debts allows you to take control of your financial situation and start saving for the future.

Personal Debts

Diligence against earnings – Information for Scots in debt

Diligence against earnings is a collective term for the ways creditors can deduct money directly from your salary in order to enforce the payment of a debt. The three methods are: earnings arrestment,...

Personal Debts

What is an earnings arrestment?

An Earnings Arrestment Order (EAO) is a form of ‘diligence’ that can be taken against you by a creditor. Diligence procedures are permitted once the creditor has been granted an appropriate court...

Budgeting

Benefits and tax credits when you’ve lost your job

If you’ve lost your job, state benefits and tax credits can provide vital financial support to see you through this tough time and help you avoid taking on too much debt while you look for more work...

Log book loans and personal debts explained

If you have a poor credit history and are not eligible for mainstream borrowing, log book loans offer a way to obtain finance quickly. They involve borrowing money against the value of your vehicle, a...

Bailiffs and Legal Action

How to respond if a High Court Enforcement Officer contacts you

If you have been contacted by a High Court Enforcement Officer, it means that one of your creditors has been through court process to recover a debt. In Scotland, High Court Enforcement Officers are c...

Trust Deed

Trust deed vs deed of trust – what’s the difference?

It is easy to see why a trust deed and a deed of trust may be confused with each other, however, in reality they are entirely different things and you should know the differences between the two if yo...