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Know Your Rights with Debt Collectors: What can They Do and Don’t Do

December 10, 2012 | No comments yet

If you owe debt to a creditor and it is not willing to wait any longer for your payment, expect a debt collector to be involved. Debt collectors are third-party groups that specialise in debt collection. Your creditor must have forwarded your account to a debt collecting agency because it is aiming to focus on…

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The LILA route into bankruptcy explained

August 18, 2012 | No comments yet

Let’s start with a few questions. Do you:   Live inScotland? Have unsecured debts you simply cannot afford to repay? Have a limited income and few valuable assets?   If you answer ‘yes’ to these questions, the LILA (Low Income, Low Assets) route into bankruptcy could be the most suitable way for you to get…