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The Register of Insolvencies is a public register that documents Trust Deeds until five years after the discharge date and includes personal details.

Joint Trust Deeds don’t exist, however, if you want to run a Trust Deed that encompasses debts as a couple, this will be two individual Trust Deeds.

Across the UK, energy prices are rising rapidly so here we highlight the home appliances you should unplug when you’re not using them, to save some money.

A huge rise in energy costs means you could pay significantly more for your gas and electricity this winter, and throughout 2022.

The 70-20-10 method of budgeting allocates proportions of your income to three different areas – living costs, debt, and savings. The sheer simplicity of the budget helps you control spending, repay debt, and build a nest egg for the future.

If you have money left over at the end of the month, you may be wondering how best to use it. Should you pay off your debts, or is saving a better option? You might even be considering both.

The emotional strain of divorce can be overwhelming, and further exacerbated by uncertainty over money. Divorce is typically an expensive process, so what happens if you can’t afford to pay your divorce legal fees?

Budgeting and organising your financial life might seem like a daunting task but once you’ve done it you’ll have much greater control over your money.

It’s very easy to overspend at Christmas and also difficult to deal with the aftermath in the New Year, so don’t let Christmas 2021 lead to financial stress in 2022.

The breathing space debt moratorium in Scotland enables people in debt to trigger a six-month period that’s free of creditor action, so they can take stock of their situation and formulate a plan.

Are personal debts in Scotland written off after six years? What is statute-barred debt? When is Scottish debt unenforceable? Find out more in this article.

If you live in Scotland and are finding it difficult to keep up with debt repayments, you may be eligible to enter a Scottish IVA (Individual Voluntary Arrangement).