These are run by the Scottish Government. Repay your debts through a 'debt payment programme' (DPP) Make one monthly or weekly payment to your creditors Your creditors cannot take any further action while the DPP is in place Find out more about DPPs under the debt arrangement scheme
This is a legally binding arrangement between you and the people you owe. Repay your debts over four years Make one monthly payment Any remaining debt is written off at the end Find out more about protected trust deeds
Also known as full administration bankruptcy. Write off debts you cannot repay in a reasonable time You have to be sure this is right before going ahead Find out more about sequestration
Our DMPs are free. Make one monthly affordable payment to us We share it fairly among your creditors Find out more about our DMPs
A MAP bankruptcy is: A way of writing off debts you cannot afford to repay It is designed for people on lower incomes Find out more about MAP bankruptcy
A TPP gets you extra time to handle your debt problems and ease things with the people you owe money to. You pay £1 each month to everyone you owe for up to one year Send the money to us and we share it among the people you owe money to Find out more about a TPP
You may be able to clear some debt if you have: A lump sum of money or An asset. This could be: A property A car Savings Find out more about settlement offers
This is when you: Take out one large loan Use it to repay all your other debts This can be a risky solution. Find out more about debt consolidation
Free up the money in your home. Use this to improve your financial situation There is no need to move Find out more about equity release
Re-mortgaging can give you extra money to repay your debts. There are lots of different things to consider before you do this. Get mortgage advice
We can help you: Learn how to increase your income Read our tips on reducing your spending Take control of your finances Budgeting and money advice
Yes, debt collectors can visit your home. They can also request you pay your debts by: Email Telephone Post By law, they cannot make you pay anything. All they can do is contact you. The debt collection process What your creditors can do Sheriff officers’ rights and powers
Yes, but the rules depend on type of debt. For debts regulated by the Consumer Credit Act: The creditor must send you a default notice first They must give you at least 14 days to reply before they start court action If you owe less than £5,000: The court will send you a ‘simple procedure notice of claim (form 6A)' If you owe more than £5,000: The court will send you an ‘initial writ’. What to do if you receive a claim How to deal with Council Tax arrears What is diligence? What is a court decision or decree?