Other Debt Solutions

Find about other debt solutions that are available in Scotland that could help you when struggling with debt.

Debt Arrangement Scheme (DAS)

A debt repayment programme (DRP) that allows you to consolidate all your debts into one affordable monthly payment that will freeze interest, charges and it is free for you (your creditors pay your fees out their money)!


Sequestration is the Scottish term for Bankruptcy, with Full administration Bankruptcy you can hand over your debts to an insolvency practitioner, pay what you can afford for four years and write off the rest of the debt that is unaffordable.

Live in England, Wales or Northern Ireland?

UK Debt Solutions

There are different debt laws, regulations, and solutions between Scotland and the rest of the UK, for a similar solution in the UK this would be an Individual Voluntary Arrangement (IVA)

Your Expert Group, scottishtrustdeed.help, River Insolvency,  ivahelper.co.uk are trading names of YEG Insolvency Limited which is Authorised Representative (FCA Number 987650) of Secure Financial Management Limited which is regulated by the Financial Conduct Authority.

Free and impartial help with money, set up by the government: MoneyHelper.

Secure Financial Management Limited’s FCA number is 550186. You can confirm this by checking the financial services register by visiting the FCA website www.FCA.org.uk?register or by contacting the FCA on 0800 111 6768. The registered office is 89 West Regent Street, Glasgow, G2 2BA. Registered in Scotland company no: SC393839. Registered with the ICO under the Data Protection Number ZA328512

Donna Forey is Licensed to Act as an Insolvency Practitioner in the United Kingdom by the Institute of Chartered Accountants of Scotland.

A formal debt solution may not be suitable in all circumstances. Fees apply. Your credit rating may be affected. 

*Debt examples are subject to creditor acceptance, payments are subject to individual circumstances, credit may be affected. Fees may apply.