Scottish Debt Advice helps people across Scotland tackle their debts and manage their money with confidence.
We’re dedicated to providing saving and budgeting advice and tips for those managing on a tight budget. We also highlight debt news issues that affect those living with debt and financial worries in Scotland
Scottish Debt Advice is a website solely used for marketing and no advice is provided directly from this site.
On completion of the form, we will introduce you to one of authorised debt solution partners who will be able to discuss your options in more detail.
* Calls may be recorded/monitored to help improve customer service. Call charges may vary. * In some cases and debt solutions up to 80% of the debt can be written off. The amount written off will depend on your circumstances, income, assets and the current write-off policy of your creditors. Levels between 25% and 80% are realistic, depending on your ability to repay.
For example: With an Trust Deed solution you complete a questionnaire detailing all your income, assets and essential expenditure including mortgage repayments, if you have one. After you've paid for all of your essential living costs in the month plus a modest amount for personal spending, the remainder is paid into your IVA. If, at the end of the five year IVA period you still have outstanding debts, your creditors may agree to write off the remainder. Other solutions apart from an IVA are available, and may be more suitable. The debt advisor will offer advice based on your circumstances.