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...
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 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...
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...
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...
It has been revealed that the number of the Scottish population declaring themselves insolvent has increased by 75% over last year. In total the Accountant in Bankruptcy (the central point in the Scottish insolvency sector) has revealed figures which show 5807...
The last 12 months have seen a worrying rise in the number of sequestrations in Scotland - the equivalent of bankruptcy south of the border - with 5,998 Scottish bankruptcies in the third quarter of 2008 against just 3,527 during the same period a year ago. The...