Debt News
Posted on Monday, 23 January 2012 in Debt NewsThe number of people requiring
Debt Help in Scotland is set to continue at the same level as it did last year and people from all walks of life are understandable feeling the current financial strains.
Perhaps it is not too surprising then that members of the Scottish Armed Forces, many of which have families based in Scotland are also struggling with debts.
The Scottish Armed Forces have their own internal mechanisms to help our troops in times of financial difficulties; after all it is important that the Armed Forces can concentrate on the job in hand rather than being worried ab...
Read more of Scottish Armed Forces And Availability of Debt Help in Scotland Posted on Thursday, 19 January 2012 in Debt NewsIn 2011 people across Scotland from all walks of life found themselves in severe financial difficulties and almost 9,000* are estimated to have used
Scottish Trust Deeds to manage their
debts in Scotland.
In the same period, Trust Deed Scotland have spoken to many people and helped individuals with debt problems to understand
what is a trust deed, how it works and the alternatives. There are some myths about Scottish Trust Deeds an...
Read more of Scottish Trust Deeds - Exposing the Myths Posted on Monday, 16 January 2012 in Debt NewsPeople across Scotland are struggling to repay their unsecured debts such as credit cards and
store card debts. Anyone who has dealt with the harsher side of debt recovery may have experienced a final demand call or threatening action from a DCA.
Debt Collectors are usually paid commission based on value of recovery and speed of recovery and with big bonuses to be made and at the hands of overzealous debt collectors therefore it is perhaps understandable why some people, who do not know their rights become scared and further borrow beyond their means.
Do not Let Debt Collectors Bully You!<...
Read more of Received Unfair Treatment from Debt Collectors in Scotland? Posted on Tuesday, 10 January 2012 in Debt NewsAs seen on STV, Trust Deed Scotland is a leading introducer of
Trust Deeds but not everyone has heard about this form of government legislation that can be used to write off a significant amount of a person's unsecured debts and become debt free in typically 36 months.
There are also other debt solutions in Scotland such as the Debt Arrangement Scheme which also takes advantage of government legislation and allows people based in Scotland to legally freeze interest and charges.
If you have an insurmountable personal debt issue, struggle to repay your debts and owe over £10,000 you may qualify for a ...
Read more of Debt Solutions Scotland - What Options Are Open To Individuals Struggling with Debt in Scotland? Posted on Saturday, 31 December 2011 in Debt NewsIn 2011 many people in Scotland used government created legislation to repay their personal debts and in 2012 many more individuals will be set to do the same.
One of the most popular New Years resolutions people make is to wipe out their debts, vowing to budget, save and cutback in order to resolve overdue arrears and outstanding credit card interest build-ups.
While pursuing a course of frugality may help individuals with debt to get their finances back on track, the harsh reality for many Scots is that this is no longer a viable option and not before long, some people may be utilising short term fixes such as Payday loans somewhat sooner than they would hav...
Read more of New Year, New You, No Debt - Looking to Manage Your Debts in 2012? Posted on Tuesday, 13 December 2011 in Debt NewsCitizens Advice Scotland reported that in 2010/2011, Almost 144,000 people asked for debt advice, the provider of
Scottish Debt Help, Trust Deed Scotland can reveal.
The number of people seeking advice on debts is effectively 400 per day and CAS has had to take on more advisers are their waiting rooms have become inundated with thousands of Scots, unsure who to turn to and often many of which are distressed.
Perhaps more concerning, even in today's tough financial climate where creditors and lenders should be more sympathetic to their debtors where the individual is experiencing financial difficulties, CA...
Read more of 144,000 Scots Sought Scottish Debt Help reports Citizens Advice Scotland Posted on Monday, 28 November 2011 in Debt NewsIf you are
struggling with debt, there is comprehensive debt advice in Scotland available for free from a number of sources.
In the current financial climate, it is of no real surprise that many more people are now seeking debt advice in Scotland. Due to the recession and the subsequent job losses, rising cost of living and unforeseen changes in circumstances - the number of Scottish families in financial difficulties has gone past merely struggling with debt and into the realm of personal insolvency.
The comforting news for Scottish residents struggling with debt is that there is help available to you regardless of the total that you owe your ...
Read more of Struggling with Debt? Get Debt Advice in Scotland