Articles

The coronavirus crisis is causing serious financial problems across society, and many people are struggling to keep up with repayments on mortgages, rent, credit cards, and other day-to-day liabilities.

New legislation brought in by the Scottish government provides much-needed protection from landlords chasing for payment of rent, with new rules delaying their ability to take eviction proceedings.

The Coronavirus Job Retention Scheme was introduced to support employee wages, and prop up the economy as we battle the COVID-19 pandemic.

The coronavirus crisis is having a devastating effect on incomes, and the ability to pay household and utility bills.

The covid-19 pandemic has created serious financial difficulties for employers and their staff, with many businesses having to make employee redundancies despite government intervention and support.

The Coronavirus (Scotland) Bill 2020 was introduced in April to help people in Scotland deal with the devastating effects of coronavirus, bringing in new measures to provide financial support at this challenging time.

The government has introduced a range of measures to help individuals, families, and sole traders in Scotland who are struggling to cope financially due to the coronavirus pandemic.

When you apply for a personal loan it’s important to be open with the lender and tell them exactly what the loan is for.

In 2019, the Financial Conduct Authority (FCA) instructed banks to introduce a simpler fee structure for arranged and unarranged overdrafts before April 2020, namely a flat annual interest rate.

If you’ve received a persistent debt letter from your credit card provider, you may be wondering what it means and how you should respond.

Inhibition in Scotland is a type of ‘diligence’ or debt enforcement that involves obtaining an order of the court. It protects creditors’ rights to be repaid should property or land owned by their debtor be sold, or cash generated by remortgaging.

Sequestration typically lasts for a period of 12 months, although if you’re also paying a Debtor Contribution Order (DCO), repayments can continue for a further three years after discharge.