Articles

Sequestration

Can I claim PPI compensation if I’m bankrupt or sequestrated?

Following the boom of mis-sold PPI pay-outs in recent years, this is a question that is cropping up more and more often.

Man Holding An Empty Wallet With Credit Cards

Personal Debts

What happens if I don’t keep up with credit card repayments?

Credit card debt is unsecured so you don’t need to worry about losing your home, but getting behind with credit card repayments can still cause an alarming spiral into debt.

Trust Deed

How Trust Deeds and Sequestration view Secured and Unsecured Debts

If you’re a Scottish resident struggling with personal debt and you’re considering a trust deed or sequestration as possible solutions, it’s important to realise that some types of debts cannot...

Bailiffs and Legal Action

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...

Bailiffs and Legal Action

How to challenge a County Court Judgment in Scotland

A County Court Judgment (CCJ) in Scotland is called a decree. So what is a decree and can you challenge one? And what does it mean for your credit rating?

How Universal Credit works in Scotland

The introduction of Universal Credit was intended to simplify the benefits system and reduce the opportunity for fraud, but it has received much criticism, partly due to an inherent lack of flexibilit...