Available to residents of Scotland
A last resort, but does offer a completely fresh start…
We will only use your details to contact you about the information contained in your form submission. We do not share your data with any third parties.
Sequestration is a formal agreement between you and your creditors to repay what you can afford over a period of usually 12 months. Once this period has ended all outstanding debts are written off in full.
As part of the sequestration application a means test is carried out to see if you can afford even a small monthly repayment towards your debts. All of your assets are included in this exercise. If you cannot afford to contribute, you will not need to make any repayments at all.
As with any formal debt solution, it is important that you speak to a debt professional to ensure that you fully understand the implications of sequestration.
Sequestration is a formal agreement between you and your creditors to repay what you can afford over a period of usually 12 months. Once this period has ended all outstanding debts are written off in full.
As part of the sequestration application a means test is carried out to see if you can afford even a small monthly repayment towards your debts. All of your assets are included in this exercise. If you cannot afford to contribute, you will not need to make any repayments at all.
As with any formal debt solution, it is important that you speak to a debt professional to ensure that you fully understand the implications of sequestration.
In some instances you could even write-off a large proportion of your debts.
To make life even easier, once you have agreed a repayment amount and the right debt solution for you, we do the rest. We will collect the payment from you each month and split it between your creditors for you.
Consolidebts.co.uk is a trading style of Capital Assets (North) Limited, registered at 147 Union Street, Oldham, OL1 1TD. Company registration number 09889854 .
Capital Assets (North) is Authorised and Regulated by the Financial Conduct Authority. Our FCA registration number is 744716. You can check via www.register.fca.org.
We are registered with the ICO, ZA181338 and you can check via www.ico.org.uk.
Money Helper is an important service set up by the Government. They provide free debt counselling, debt adjustment and credit information. Click here to contact Money Helper
Money Helper is an important service set up by the Government. They provide free debt counselling, debt adjustment and credit information. Click here to contact Money Helper