Articles

Personal Debts

What are the best money-saving apps to help with debts?

If you are struggling with unmanageable debt, there are a number of apps which can help with better money management. Here is our pick of the best....

Budgeting

How to claim tax back when working from home

If your employer has told you to work from home, whether full time or part time, you can claim a tax rebate for home working expenses. Find out how, here.

Personal Debts

I’ve received an Earnings Arrestment Order - what next?

An Earnings Arrestment Order (EAO) allows the court to collect money from your wages in order to repay debts that you owe. These payments are deducted from your monthly salary until your debt is paid...

Bailiffs and Legal Action

What is moratorium on diligence or moratorium protection?

If you finding it difficult to repay one or more of your creditors, and need more time to consider your options without the threat of legal action, you can now apply to the Accountant in Bankruptcy (A...

Personal Debts

Gambling addiction – what help is available in Scotland?

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 t...

Personal Debts

Is there a link between personal debt and mental health?

Problem debt does not happen overnight. What may start as a niggling worry over how you are going to meet your next monthly payment, can quickly escalate into sleepless nights, and unfortunately for s...

DAS

Can I keep PPI compensation if I’m in a Debt Arrangement Scheme?

The Payment Protection Insurance scandal of recent years has led to hundreds of thousands of people making claims for compensation relating to financial products they were mis-sold.

Sequestration

Trust Deed

Is a Trust Deed or Sequestration public knowledge?

Entering a Trust Deed or Sequestration (Bankruptcy) will be recorded on the Register of Insolvencies which is publicly accessible, including these details.

Budgeting

How does debt affect benefits in Scotland?

Universal Credit (UC), Housing Benefit, and the Council Tax Reduction Scheme are just three types of benefits in Scotland but what happens if you're in debt?

DAS

What are the options for dealing with debt in Scotland?

Scotland has a number of formal debt solutions that can help you deal with a difficult financial situation.

Personal Debts

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...

Bailiffs and Legal Action

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...