Items tagged with: trust deed

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10% decrease in individual insolvencies in England and Wales

3 August 2021
New figures from The Insolvency Service reveal that - compared with the second quarter (Q2) of 2011 - individual insolvencies are down 10.2%. In total, there were 27,390 individual insolvencies in England and Wales in the second quarter of this year. ... read more »

Insolvency: how do things look so far?

2 August 2021
Tomorrow, The Insolvency Service is set to release the latest insolvency statistics (for 2021's second quarter), giving an up-to-date picture of exactly how many people in the UK have entered insolvency to get on top of their debt problems. ... read more »

Scottish insolvencies rise sharply between April-June

27 July 2021
Figures released by the Accountant in Bankruptcy (AiB) - Scotland's insolvency service - reveal that there were 5,601 personal insolvencies in Scotland in the period from April to June, marking a rise of 14.9% on the previous quarter. ... read more »

Is it possible to get a bank account if you have a Trust Deed?

9 July 2021
A Trust Deed could help you get out of serious unsecured debt problems - but it will affect your banking options.... read more »

How much does a Trust Deed cost?

21 June 2021
The monthly cost of a Trust Deed is based on what you can afford. ... read more »

What happens after a Trust Deed?

18 June 2021
Once a Trust Deed successfully ends, you will be freed from the unsecured debt you can't afford - which could really help you get back on your feet financially.... read more »

How to draw up a Trust Deed

11 June 2021
You don't need to be a legal expert to enter into a Trust Deed, but you do need the help of an expert to set one up for you. Read more here.... read more »

What is the minimum amount of debt to file for bankruptcy in Scotland?

28 May 2021
You need a minimum amount of debt of 1,500 to qualify for bankruptcy in Scotland, although there are other ways to deal with debt if you don't qualify.... read more »

What is the difference between unsecured & secured debt?

30 April 2021
Here we explain the difference between unsecured and secured debt and how you could deal with different kinds of debt.... read more »

Debt Arrangement Scheme (DAS) on the up again

26 April 2021
The number of people entering a Debt Payment Programme through the Debt Arrangement Scheme (DAS) has increased again, as more Scottish residents face up to their debt problems before they reach the stage where bankruptcy's the only realistic option. ... read more »

Is debt consolidation a government-backed solution?

23 April 2021
Debt consolidation could give you a way out of debt at a realistic pace - even though debt consolidation loans aren't 'government-backed'.... read more »

Do companies write off debt they can't collect?

16 April 2021
Here we'll look at some ways you might be able to write off unsecured debt you can't afford to repay.... read more »

What does debt consolidation mean?

10 April 2021
You may have heard the phrase 'debt consolidation' - but it actually has two, quite different, meanings.... read more »

Will a Trust Deed affect my credit rating?

16 February 2021
A Trust Deed could be the ideal solution for you, if you're a Scottish resident with significant unsecured debts that you can't afford to repay in a reasonable timeframe. But how will it affect your credit rating?... read more »

Scotland: DAS doubles in a year

7 February 2021
The number of people finding out about - and using - the Debt Arrangement Scheme (DAS) is growing rapidly.... read more »

Debt in Scotland: insolvencies falling

25 January 2021
The number of Scottish residents tackling their debt problems by entering insolvency is falling, freshly released figures from the Accountant in Bankruptcy (AiB) reveal.... read more »

Insolvencies across the UK: how does it all add up?

11 August 2011
A look at insolvencies across the whole of the UK - rather than just country-specific figures - along with some insolvency facts we hope you'll find interesting.... read more »

Scotland: a look at personal insolvencies

8 August 2011
Personal insolvencies in Scotland hit an overall total of 5,319 in 2011's second quarter, according to the latest insolvency figures released by The Insolvency Service last week.... read more »

A look at Scottish debt solutions

29 July 2011
There are various debt solutions available only to Scottish residents, such as DAS, Trust Deeds and LILA. Here's a quick rundown of what each of those solutions involves. ... read more »

Debt Arrangement Scheme and Trust Deeds - what's the difference?

8 July 2011
Trust Deeds and Debt Arrangement Schemes are debt solutions, only available to residents of Scotland, which can help people tackle serious debt problems.... read more »

Fees payable when continuing service is provided. Repaying debt over a longer period may increase the total amount to be repaid. Calls are recorded and are usually free from UK landlines. Mobile phone users may be charged and should check with their service provider. Cards are provided by third parties and are subject to eligibility, status and terms and conditions. Applicants must be UK residents aged 18 or over.