Debt Problems

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.

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.

Feeling the pinch as prices rise? We examine 'Cost of Living Crisis' facts and figures, plus sensible solutions if debt becomes an issue.

We are meeting many clients, through no fault of their own, who can’t seem to get on top of their debts. Discover the Scottish debt solutions that can help take the pressure off.

Our guide provides some ideas to help spruce up your festive finances and keep Christmas affordable.