We provide debt solutions. Plain and simple.
Personal Insolvency Solutions (for individuals with personal debts)
There are many ways to deal with debt and we can talk you through all options available. However, in terms of debt solution products that provide you with an identifiable timeframe in which you can become debt free, there are 3 main solutions in operation in Scotland. They are:
What is a Trust Deed?
A trust deed is a voluntary agreement between you, your creditors and your appointed trustee.Read more
What is Sequestration?
Sequestration is the Scottish term for bankruptcy. It, like a trust deed, has its place in terms of debt solutions.Read more
Each of these debt solutions have their place and all have their own merits, advantages and disadvantages (depending on your circumstances). We would not recommend a particular solution for you until we completely understand the dynamic of your finances; which includes your income, your debt levels, what you need money-wise as part of your living expenditure to make ends meet from month to month and with that, how your household works and operates. Once we assess your specific set of circumstances, we can then talk you through what options we think would be best suited to you.