Articles

Can Sheriff Officers legally enter my home?

Sheriff officers may become involved in the collection of your debt if the original creditor has made several unsuccessful attempts to recover their money, and gone on to obtain a court order against...

How to avoid selling valuable belongings to a pawnbroker

Using the services of a pawnbroker may be tempting if you need cash urgently and cannot obtain credit, don’t have a bank account, or are facing serious debt. But it may not be the best way to deal w...

Diligence and debts? What actions can creditors take to recover debts?

Diligence is the technical term for enforcement and comes in many forms. Diligence can only be used following court action and is therefore the result of a lengthy recovery campaign on the part of the...

Help with catalogue shopping debts

Catalogue companies offer attractive payment terms, such as 0% interest and 'buy now pay later'. But what happens when catalogue spending spirals into debt?

Personal Loan for People in Bankruptcy

Getting personal loans after bankruptcy discharge can be a problem because your credit file will be adversely affected by the insolvency.

Why do I need a good credit score?

A good credit score opens up financial opportunities, such as the ability to buy things with borrowed money that's paid back over time. Find out more here.

Debt Collectors vs Sheriff Officers: what’s the difference?

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.

What is a Business Debt Arrangement Scheme (Business DAS)?

The Business Debt Arrangement Scheme was introduced by the Scottish government in 2014, and helps businesses run by sole traders, as well as partnerships, trusts, and unincorporated bodies, to repay d...

How will a Scottish Trust Deed affect my property?

If you’re thinking of entering into a Scottish trust deed and you’re also a homeowner, you may be worried about how the arrangement will affect your home.

Personal loans and debt problems

Personal loans are perhaps one of the most straightforward ways of borrowing money but they can nonetheless be a source of serious financial complication and concern.

What happens if I'm signed off during a sequestration or Trust Deed?

When you enter a personal insolvency process such as sequestration (Scottish bankruptcy) or a Trust Deed, you may be concerned about what happens if you’re ill and unable to work for a period of tim...

9 practical tips for cutting your household expenses

We all want to save on our household bills and have more money in our pocket for the fun things in life. While bills are an unavoidable fact of life, here are some ways you can help to reduce them: