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News and tips on tackling debt, living on a debt plan and other debt matters

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Sequestration and your name on the Register of Insolvencies

Posted 04 August 2016 by Emily Bancroft

What does it mean if you’re on the Register? Find out here.

Basic bank accounts for people with an IVA

Posted 08 July 2016 by Christine Walsh

Basic bank accounts are available for people who have had credit problems. Learn how they work and why you might need one.

What is the criteria for the Minimal Assets Process in Scotland?

Posted 02 July 2016 by Emily Bancroft

Do you qualify for the low income debt solution? Let’s find out.

The different causes of bankruptcy and insolvency for men and women

Posted 26 June 2016 by Christine Walsh

There are different reasons why men and women find themselves going through bankruptcy and insolvency. Learn the facts here.

Can I keep my house on sequestration?

Posted 17 June 2016 by Emily Bancroft

When you enter the Scottish form of bankruptcy, will you always be required to give up your home?

How does Minimal Asset Process (MAP) work?

Posted 14 June 2016 by Christine Walsh

Minimal Asset Process (MAP) is one way of dealing with unmanageable debts in Scotland. Read on to learn more.

To find out more about managing your money and getting free debt advice, visit Money Advice Service, an independent service set up to help people manage their money.