7 Advantages of using a Debt Arrangement Scheme to become debt-free

If you’re trying to deal with overwhelming amounts of debt, you may be eligible for the Debt Arrangement Scheme in Scotland.

I’ve received a Simple Procedure Notice of Claim – what now?

If you owe a debt of £5,000 or less, your creditor may send you a Simple Procedure Notice of Claim. This is a relatively new procedure that was brought in by the Scottish government and commenced on...

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.

Can I keep PPI compensation if I’m in a Debt Arrangement Scheme?

The Payment Protection Insurance scandal of recent years has led to hundreds of thousands of people making claims for compensation relating to financial products they were mis-sold.

What are the options for dealing with debt in Scotland?

Scotland has a number of formal debt solutions that can help you deal with a difficult financial situation.

Why is a Debt Arrangement Scheme better than a Debt Management Plan?

If you’re struggling to repay debt and looking for a way to better manage the situation, you may have come across two commonly-offered options.

What happens to my personal debts when I get married?

If you’re getting married and are worried about what happens to your personal debts, initially you need to consider whether the debts are in your name only, or are joint with your partner – this d...

What is a Low and Grow Debt Arrangement Scheme?

The Debt Arrangement Scheme in Scotland, or DAS, enables people in serious debt to repay their creditors in full over a longer period of time.