Debt Solutions

Sometimes, just talking things through and having a plan can help get us back on track.

There are a variety of solutions that can help if you are struggling with debt or have concerns about your finances.

One of our specialist debt and money advisers can discuss all available options and help to get you back on track.

Some of the options available include :


Informal Arrangements

Informal measures can be sought out to try and help pay off your debts.

These measures include –


Debt Arrangement Schemes (DAS)

A Debt Arrangement Scheme is a scheme that can help people repay their debts in a manageable way, removing the threat of court action from their creditors.

Through a Debt Arrangement scheme, you set up a Debt Payment Programme (DPP), making the one regular payment which is shared between your creditors.


Trust Deeds

A Trust Deed is a formal agreement between you and your Creditor(s) utilising a third party (the ‘Trustee’) to administer and repay towards the debt. This repayment is based on affordable payments.

The agreement is legally binding, with reduced payments, typically made over 4 years, at the end of which any unsecured debts are written off. ​

Trust Deeds are for people with more than £5,000 of unsecured debt.​



‘Sequestration’ is the name for the process of bankruptcy in Scotland.​

Like other forms of debt management, the debtor’s assets are passed over to a trustee to manage the sequestration, sale of assets and distribution of the proceeds realized from the sale.​


Minimal Asset Process (MAP Bankruptcy)

Minimal Assets Process, or MAP bankruptcy is a form of bankruptcy that can used by those with low income and few assets. ​

Do You Have Any Questions?

Feel free to contact us and we will get back to you as soon as possible.