Credit cards and Trust Deeds – what you need to know

Trust Deeds can be invaluable in helping Scots get out of debt, and avoid bankruptcy. Can a Trust Deed help solve huge credit card debts? Find out more.

Consequences of not paying your water bill in Scotland

The Scottish system of paying for water rates means that you receive notice of the amounts due within your council tax bill, if you don’t have a water meter fitted.

How to clear your council tax arrears with a trust deed

If you’re worried that the council might take action against you for non-payment of council tax, entering into a Scottish trust deed can be a beneficial step.

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.

Why Scottish individuals should be cautious of unregulated debt advice

As part of Scotland’s Financial Health Service, Scottish people in debt are obliged to obtain advice from an approved money advisor prior to entering insolvency processes such as the Debt Arrangemen...

What impact will DAS have on my credit rating?

The Debt Arrangement Scheme, or DAS, is a debt procedure available to residents of Scotland who are struggling to repay their unsecured 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.

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...

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...

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...

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...

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.

Articles

Credit cards and Trust Deeds – what you need to know

Consequences of not paying your water bill in Scotland

How to clear your council tax arrears with a trust deed

How could sequestration affect my job?

Why Scottish individuals should be cautious of unregulated debt advice

What impact will DAS have on my credit rating?

What is a Money Adviser in Scotland?

What are priority debts and how should I handle them?

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

Can I use money from my pension to pay debts?

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

How can I clear my debts as quickly as possible?