Guidance
Dealing with money worries – a guide to your options

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R3, the insolvency trade body, has launched a new resource for individuals in Scotland.

 

The comprehensive document, ‘Dealing with money worries – a guide to your options’, provides an overview of the potential solutions available to those who are worried about their personal finances.

 

It outlines all of the statutory (where the people who are owed money agree not to take any further action during the process) and informal (where the individual who owes money’s assets aren’t affected) options for resolving debt problems, as well as further sources of support and advice.

 

The document has been developed by R3’s in-house technical team and members of its Scottish Insolvency Committee, which is is multi-disciplinary and has a good spread of representation, including practising insolvency practitioners, lawyers, solicitors, academics and others working within the insolvency profession.

 

 

 

Dealing with money worries- A Guide to your Options (Scotland) (March 2022)
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