How would Scotland’s share of UK debt affect the population?

There has been much talk of independence with regards to Scotland and there are many questions which need to be answered before the expected referendum in 2014. One of the main sticking points appears to be what share of UK national debt an independent Scotland... 

Man who gambled £800,000 receives bankruptcy restriction order

A man from Lockerbie who gambled away a massive £800,000 over a two-year period has received notice of a bankruptcy restriction order which could impact upon the future life of Graeme Calvert. The case was taken to the courts where the sheriff in charge awarded... 

Bankruptcy numbers in Scotland rise

There is no doubt that the current economic environment is very challenging to both individuals and companies and the news that bankruptcy numbers in Scotland have risen again was disappointing. However, it seems that the pace of increase in insolvency, bankruptcy... 

Glasgow Rangers enters administration

As the growing problem of debt in Scotland continues to worsen there are grave concerns this weekend regarding the future of Glasgow Rangers football club which has been in existence for over 140 years. The club has been placed in administration amid concerns that... 

Scotland would take share of UK national debt

Alex Salmond, the first Minister for Scotland, has this week confirmed that an independent Scotland would take a share of the UK national debt equivalent to the share of the population. It is believed that this would leave Scotland with a debt equivalent to 65%... 

ID theft on Facebook

The emergence of social networking sites over the last few years has been nothing short of a phenomenon but there are risks associated with living your life online and especially giving out confidential and potentially damaging information about yourself, your... 

Scottish insolvency numbers continue to grow

Accountants in Scotland believe that individual insolvency numbers and bankruptcy figures in Scotland will hit record highs in 2011 with a forecast 22,000 people made bankrupt or forced to take out protected trust deeds during 2010. This is a massive increase on... 

Debt Consolidation Scotland, Something to consider

Debt Consolidation Scotland is becoming more and more of an issue as the Scottish economy continues to head south and unemployment continues to rise. More and more people throughout the UK have credit cards, loans and overdrafts which can very often drag them down... 

Debt solutions Scotland

While there are some subtle differences between the English debt laws and the Scottish debt laws, in general the basics are very much the same. For those falling into debt it is vital that they address the situation as soon as possible whether contacting the citizens... 

Can a trust deed relieve the pressure on your everyday life?

The recent news that one in 60 people in UK with either face bankruptcy, an IVA or a trust deed (for those living in Scotland), has opened many people’s eyes to the problems of financial strain in the UK. More and more people are seeing pressure grow on their... 

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