Bankruptcy can provide relief from debt if you have little in the way of possessions and surplus money that would be available to creditors in a bankruptcy.
Clearing debts using funds raised by remortgaging or secured or unsecured loans or equity release.
An informal arrangement between you and your creditors which allows you to repay your debts, at a rate that you can afford without relying on further borrowing.
Debt Relief Order
A cost effective remedy to deal with debts under £20,000 and where you very little surplus income.
A formal arrangement which allows you to repay as much of your debt as you can afford, with the balance being written off if your plan is completed successfully.
Scottish Debt Solutions
If you are a resident in Scotland, there are a number of Scottish Debt Solutions available to you.