Personal Debt

I’m facing house repossession – what can I do?

If you are threatened with house repossession, you need to act quickly. You may be able to negotiate more time to pay – it is often the case that repossession can be stopped or temporarily halted, a...

What is a charge for payment in Scotland?

If you have been struggling with debt and have found yourself unable to make the required payments to your creditors, you may eventually be in the position where you creditors look to take further act...

What financial support is there for families in Scotland?

If you’re struggling to make ends meet as a family, there are a number of grants and loans available in Scotland that can ease the pressure, particularly if you’re on a low income or are in seriou...

I can’t afford my buy-now pay-later payment

Buy-now pay-later is a type of credit that offers a deferred period during which you don’t have to make any payments. This could be for a month or longer – sometimes the first payment on an item i...

How do I calculate my monthly living expenses?

If you’ve entered into a Scottish trust deed or any other personal insolvency procedure, and are worried about how you’re going to manage the bills, making a budget is one of the most important st...

Expert Advice for Out of Work Oil and Gas Contractors

The steep decline of the oil and gas industry in Aberdeen severely affected contractors when the price of crude oil dropped dramatically in 2014. Although prices have risen since then, unfortunately j...

What if I can no longer afford my car lease?

The car finance market has exploded in recent years, with financial experts expressing concern that this type of borrowing could end up being the next ‘debt bubble.’

What is Debt Consolidation?

Debt consolidation combines various debt payments into a single monthly repayment. It is designed to make your total debts more affordable, and their management easier. A debt consolidation loan can b...

Can you be jailed for debt in Scotland?

When you’re in serious debt and can’t see a way out, it’s important to know your rights and how the situation may affect you.

How to write off gambling debt

If you have built up debt from gambling, you may be able to write off part or all of the debt via a formal Scottish insolvency route.

Can equity release help me to manage my debt problems?

Statistics published by the Equity Release Council show a significant rise in the number of equity release transactions in Scotland in recent years.

Summary warrants, time to pay and charge pay in Scotland

If you fall behind with certain financial liabilities in Scotland, such as council tax or income tax, there are certain procedures available to your creditors that allow them to collect the monies qui...