Debt Help Guides & Articles

'Money coach' and 'money adviser' are two terms that are often used interchangeably, but they are not the same thing. Both professionals help clients manage their finances, but the approach they take is very different and one is strictly regulated.

When faced with the decision of closing down a business, many people wonder whether liquidation or dissolution is the better choice. Although both options involve shutting down the company, there are distinct differences between them.

We provide an overview of the AiB official statistics reporting statutory debt solutions and company insolvencies in Scotland for the third quarter of the financial year 2022-23.

Changes to the Bankruptcy and Debt Arrangement Scheme Regulations come into force on 6th February 2023 to reflect significant increases in the cost of living.

Outstanding council tax debt has increased almost 65% in Scotland recently. Thankfully, there are several solutions that can help people deal effectively with problem debt.

In November 2022, UK credit card debt rocketed to its highest monthly level since 2004. In Scotland, the Debt Arrangement Scheme is an ideal way to counter the cost of credit card debt if it becomes a problem.

Given the challenge of rising costs, here are some ideas to make sure your Christmas spending doesn’t turn into a damaging Christmas shopping / debt cycle.

As Scottish debt advice specialists, we're asked questions about debt solutions on a daily basis. From questions about Trust Deeds in Scotland to fees on debt solutions, check out our personal debt FAQs on TikTok.

A recent update from the Accountant in Bankruptcy (AiB) confirmed that the Scottish Government has extended the remaining temporary measures, aimed at protecting those struggling with unsustainable debt, put in place with the introduction of the Coronavirus (Scotland) Act 2020.