The best solution to suit your needs depends on your personal circumstances – and your first course of action is to call us as soon as possible when you realise you’re getting into financial difficulties. The quicker we’re involved, the more options we have to secure a workable financial settlement that will relieve your stress and return your life back to normal as soon as possible.
The main courses of action open to you are:
There are also bespoke debt management plans available which depends on your personal circumstances, living arrangements, family status, assets and so on.
For personal debt issues that you feel are spiralling out of control, your best course of action is to contact us as soon as possible and a regulated personal insolvency expert can talk with you completely free of charge at your convenience.
We also have a dedicated Scottish personal insolvency website www.scotlanddebt.co.uk which you can read more about the solutions available for Scottish residents.
Although the term ‘bankruptcy’ carries an element of stigma, for many people it is the best way forward for their given circumstances and more appropriate than an IVA or debt management planMore Info →
The IVA procedure was introduced by the Government in 1986 as an alternative to bankruptcy and helps people across the UK put an end to escalating debts and begin steps towards a debt-free futureMore Info →
A Trust Deed is a legally binding voluntary agreement which allows your Trustee to take over responsibility for dealing with your creditors. This personal debt solution is only available for Scottish residents.More Info →
A Debt Arrangement Scheme is a debt management tool designed to help people repay their debts over an agreed amount of time without the threat of legal action. This solution is only available for Scottish residents.More Info →