Scottish debt arrangement scheme

as described on moneyscotland gov uk

clear debt 10 years, interest frozen

Does any-one have any further information about this or personal experience of it?


  • magicgirl68
    magicgirl68 Posts: 31 Forumite
    edited 1 July 2009 at 2:15PM
    Have a look at the Accountant in Bankruptcy website. They explain how it works on there. Also if you get one of the council money advisors to arrange it for you, they don't take a fee like some of the independant money advisors.
    Good Luck
  • Miss_Poohs
    Miss_Poohs Posts: 630 Forumite
    First Post First Anniversary Combo Breaker
    There's no hard and fast rule about a time limit. My DHs DAS is 13 yrs long, we're a year into it. It was based more on what was affordable to pay rather than a fixed term of payment.
    I'm happy if you want to PM me for any further info.

    Check for a local adviser here
    Don't try to keep up with the Joneses - Drag them down to your level - it's cheaper . :p:D
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