Hello Normand Can i just check how much Unsecured Debt you have because there is a possibility that the Debt Arrangement Scheme is the most appropr...
Hi SkintMink I am sure that if you contacted the IP or his staff they would clarify the position as to why the "nominal sum of £500" has been inclu...
Hi WBN, I think it maybe worthwhile for peace of mind to check whether the RBS have "an all sums due clause" in their Standard Security, which may ...
Hi galamags. I would tend to agree with Kevin on this one and I think any Insolvency Practitioner would be criticised by creditors for not agruing ...
Hi Mondayblues Agree with Mark that some firms will look at dropping Fee to enable the 3 years to work and therefore worth looking at other firms s...
Hi again Mondayblues The important thing is why 4 years. If equity is "negative" as previously stated the firms on this site would not expect "the...
Hi Ricky10, The opinion appears to suggest that if the DAS repayment programme lasts in excess of 10 years and nobody objects to it, then the DAS A...
Hi Mondayblues, fully support everyones comments regarding "caution" on the equity situation and the need to get a valuation completed which will b...
Hi Scruffy, If you are worried about the car - consider an on-line valuation to see if it is worth less than £3K, thus ensuring that it can be deal...
Hi Annie Totally support Mark's view that a full review will allow you to assess the options available and decide on which direction to go. Chri...
Hi Scruffy, As far as we are concerned we would adopt the route described by Plasticdaft in the above reply albeit we would use the under £1,000 as...
Lisel You would have to talk to the Companies regarding Fees as they will all be different and some package around the circumstances of the client....
Hi Lisel, 1. Some Banks (HBOS/Airdie Savings Bank to name two) automatically freeze Bank Accounts when they become aware of a Sequestration. If ...
Agree with Shona whoever you decide to proceed to get advice with make sure you get it in writing should you decide to go ahead with a Trust Deed or C...
Hi copter, You may wish to refer to the Section 11 of the Debt Arrangement and Attachment (Scotland) Act 2002 which lists certain items that are ex...