If you are unable to make the payment to settle the amount owed in full, it is important to be open about this and communicate to Nolans. It may be possible to enter negotiations with them to agree a potential solution for your current situation.
If you negotiate repayments with Nolans, it is important that you remain conscious of other financial obligations including council tax, rent, or mortgage payments and other potential debts to avoid risk of falling behind in future payments. This can be managed through planning a budget for outgoing payments.
What are my options if I am struggling with unmanageable debt?
At Scotland Debt Solutions, we have a trained team of experts in insolvency who have helped many individuals in similar situations over the years. In these cases, it can be normal to feel overwhelmed, but your situation is not hopeless, and we can help find the right solution.
We have trusted advisors who will guide you through different options you can take. The first step of reaching out may seen quite daunting, but as soon as you do this you will receive immediate help to end pressure from debt collectors instantly.
We have an expert team of trained advisors who are highly experienced in insolvency solutions which you can enter including a Trust Deed, Debt Arrangement Scheme (DAS), or Sequestration as an alternative to bankruptcy in Scotland, depending on what your situation may be.
Speak to one of our trusted experts at Scotland Debt Solutions today by calling our team on 0141 326 0417.
