Karen Johnstone, Author at

Who Is Affected By Debt?

At Debt Support Trust we are often asked who is affected by debt, although this question may be asked in a variety of ways. Sometimes people are worried whether an ex partner’s debt will affect them, others are concerned their own debt might be harming other people.   There are two ways someone may be affected […]

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Young & Employment Greatest Risk of Poverty

A new report from the Joseph Rowntree Foundation has revealed young people and those in employment are at greatest risk of living in poverty. While the number of pensioners living in poverty has fallen to the lowest since record began, working-aged adults in poverty has almost reached a record high. Ten years ago pensioners made up 24% of […]

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Bankruptcy or Trust Deed Scotland

Should you enter a bankruptcy or Trust Deed? This is a question a lot of people in debt ask us at Debt Support Trust but it will depend on a number of factors. The Trust Deed in Scotland and Bankruptcy can be similar – they are both insolvency solutions – but they have key differences. […]

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Wonga Writes off £220m Debts

Controversial payday lender Wonga have announced they will write off £220m in customer debts after they implemented new, long demanded affordability checks. Payday loan companies have been criticised for their approach to praying on vulnerable consumers who are unable to get credit through banks and charging high interest. A lot of people who have taken […]

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Can’t Enter a Trust Deed

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From time to time you may hear about a debt solution called a Protected Trust Deed. This solution is advertised heavily on TV, radio and newspapers. As a registered charity providing debt advice we offer a full range of debt solutions when we offer our advice. The advice is then tailored to your specific situation. […]

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Debt Advice in Aberdeen

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If you live in Aberdeen you may question which debt solution is best for you. There are several options available to consider. If you need debt advice in Aberdeen you can speak to Debt Support Trust on 0800 085 0226. It’s important to get debt advice which is specific to your situation. People living in […]

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Wages Arrestment Trust Deed

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When creditors are owed money they will first contact you to request the payment. If you fail to agree to the payment then the creditor in Scotland may approach your employer and request a wages arrestment. This is where the creditor will be given access to speak with your employer and receive a percentage of […]

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Credit Card Trust Deed Debt

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When you can not afford to repay your credit card every month, or you are simply making the minumum payment then continuing to spend on your credit card can be one of the hardest situations to resolve for you. At Debt Support Trust we are debt experts and know exactly how to resolve problematic money […]

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Negatives of a Trust Deed

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At Debt Support Trust we want to ensure you have all of the information you need to make a decision on your debt problem. A Trust Deed can sound like a fantastic route to become debt free. “Write off your debt”, “Repay 60% of your debt” and ” Get a Government backed debt solution” are […]

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Which Trust Deed Company Chould I Choose?

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When it comes to selecting a company to help you with your Trust Deed there are plenty to choose from. At last count there were over 50 Insolvency Practitioner firms in Scotland that had registered a Trust Deed during the year. This mean you have a choice over which Trust Deed company you choose. If […]

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