Articles

Bailiffs and Legal Action

Debts in Scotland – What is a Decree?

A decree is a ‘money judgment’ issued by the sheriff courts in Scotland, and is the same as a County Court Judgment (CCJ) in England and Wales.

Bailiffs and Legal Action

What's a ‘continuous payment authority’ and how to cancel it

Continuous payment authorities, or CPAs, are often used by payday loan providers as a way to take repayments via a debit card, or sometimes a credit card.

Trust Deed

Credit cards and Trust Deeds – what you need to know

Trust Deeds can be invaluable in helping Scots get out of debt, and avoid bankruptcy. Can a Trust Deed help solve huge credit card debts? Find out more.

Personal Debts

Consequences of not paying your water bill in Scotland

The Scottish system of paying for water rates means that you receive notice of the amounts due within your council tax bill, if you don’t have a water meter fitted.

Trust Deed

How to clear your council tax arrears with a trust deed

If you’re worried that the council might take action against you for non-payment of council tax, entering into a Scottish trust deed can be a beneficial step.

Sequestration

How could sequestration affect my job?

In many cases sequestration doesn’t affect a person’s job, and you may be able to carry on working with no adverse effects on your current or future employment situation.

Personal Debts

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...

DAS

What impact will a DAS have on my credit rating?

The Debt Arrangement Scheme, or DAS, is a government-backed debt solution available to residents of Scotland who are struggling to repay their unsecured debts.

Personal Debts

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.

Personal Debts

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...

Bailiffs and Legal Action

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...

Personal Debts

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...