Welcome to Sequestration.net - Bankruptcy Scotland

Sequestration has always been seen as something scary. Nothing can be further from the truth. Thousands of people just like you have had the burden of debt taken away and live happier lives, free from demanding creditors.

So Can You!
Sequestration used to be seen as a last resort, something shameful that no-one should know about. Now with the internet, more and more people who have been sequestrated or have started thinking about it have found each other, got the information and support they needed and successfully embraced Scottish Bankruptcy. Suddenly they’re not alone... And neither are you!

How Do I Qualify For Sequestration?

See if you qualify with our Free Online Calculator or give one of our professional debt advisors a call now on 0141 345 2904.


To find out more about managing your money and getting free advice, visit Money Advice Service , an independent service set up to help people manage their money.

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Write Off Unaffordable Debts

In most circumstances an award of Bankruptcy will allow you to write off most of what you cannot afford to repay, i.e. liabilties such as unsecured loans and credit card debts will be dealt with by your Trustee. Note: There are some debts that cannot be written off. Click here* for more information on the limitations.
 

Free From Debt Pressures

Unlike a Trust Deed Scotland, Sequestration can make you totally free from provable debts, although you will have to make a contribution from your income for 3 years if you can afford to. Your Trustee takes over dealing with your creditors and you will be totally debt free subject to some limitations depending on your circumstances.
 

Government Legislation

A Sequestration is under the control of the Scottish Government and is intended to help people who are struggling wither finances. An award of Bankruptcy is not a debt management plan or IVA, meaning there are no regular monthly repayments to make, if you have no surplus income after meeting your normal monthly outgoings.

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