Personal Debt

What is the ‘simple procedure’ process in Scotland?

Should a creditor decide to take court action against you to recoup the money they are owed they may do this through what is known as the ‘simple procedure’.

What does ‘Goods viewed for Potential Removal’ mean?

Part of the debt enforcement procedure in Scotland involves the sending out of official enforcement notices to debtors. An enforcement notice can be sent by post, email or fax, or be delivered by hand...

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...

17 Signs you’re struggling to cope with debt & need to take act

Debt seems to be a way of modern day life. For some things in life, such as buying a home or paying for a university education, taking on debt and paying this off in instalments may be the only way of...

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...

How to stop debt collector harassment for 30 days

When you’re struggling to repay debt it’s difficult to know how to deal with debt collectors, particularly if they take an aggressive approach. Find out more.

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...

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.

Diligence against earnings – Information for Scots in debt

Diligence against earnings is a collective term for the ways creditors can deduct money directly from your salary in order to enforce the payment of a debt. The three methods are: earnings arrestment,...

Coping with council tax debts

Council tax is a charge levied on residential property and payable to the local council. While some properties are exempt from paying council tax, most households must factor this bill into their mont...