Because it’s highly addictive, gambling on even a small scale can turn into an addiction that takes over your life. The fact that it’s also easily accessible online now only serves to exacerbate this growing problem.
So if you recognise that gambling has become an addiction, either for yourself, a friend, or a family member, what help is available in Scotland?
If you have a gambling addiction yourself and feel comfortable speaking to your GP, they’ll refer you to a specialist who can help. You could also contact a gambling charity or group if you prefer, such as GamCare or Gamblers Anonymous, for support and understanding of your situation.
You wouldn’t need to provide any personal details in this case, but would gain vital access to counselling and therapies such as Cognitive Behavioural Therapy, which could help you deal with the addiction.
Speaking to others in the same situation might help you feel more supported, within a non-judgemental and confidential environment.
If you’re in debt due to a gambling addiction, there are two issues to deal with. Scotland offers a number of debt options that can help, if used alongside the other professional input and therapy designed to help you overcome your addiction.
One such debt solution offered in Scotland is called the Debt Arrangement Scheme, or DAS, and this is backed by the Scottish government.
Debt Arrangement Scheme (DAS)
DAS is a government-backed scheme that allows you to repay your debts via one affordable monthly amount. Your essential living expenses are taken into account, and the repayment is made from your disposable income. You’re protected from legal action by creditors, and interest/charges on the debts are frozen.
This is a formal agreement between yourself, your creditors, and a Trustee, and offers protection from creditor action. You repay the debt over a fixed period of time - usually four years – and any remaining debt at the end of the term may be written off.
Sequestration is the term for bankruptcy in Scotland, and although it allows you to make a fresh financial start, it involves the handing over of all your assets to a Trustee. It’s the most serious of all debt options, and is often seen as a last resort. Depending on your financial circumstances, you may also have to also make a regular monthly payment to your creditors.
If a formal debt solution isn’t appropriate, we can also arrange to negotiate on your behalf with your creditors, with the aim of making repayments more affordable over a longer period of time.
Scotland Debt Solutions has been helping Scottish residents out of debt since 1989, and can provide the financial assistance you need when coping with gambling addiction. We will identify your best options in dealing with your debt, and ensure you take the right steps to financial recovery. Call one of our expert team for a free same-day consultation in complete confidence.
Sometimes known as a full and final offer, a debt settlement offer is where you agree to make a lump sum payment to your creditors in order to settle the remaining debt you have with them.
If you have fallen behind in your debt repayments to creditors, you may find yourself visited by a Sheriff Officer or debt collector looking to recover the money you owe.
Our Scottish based team can help advise you on your debt problems.