WTFS can advise you about whether Sequestration (Bankruptcy) is the right debt solution for you however we do not provide an in house service to help you.
Once you have decided that you want to start the sequestration process, you will normally need to get a Certificate for Sequestration from an approved Money Advisor. You then have 30 days to apply for your bankruptcy at the court. WTFS can help advise you how to do this however we do not provide a specific service to assist with this process.
More information about the Sequestration solution is available in the left hand column. However only a brief overview is given here. For more details and advice please see one of our dedicated information websites:
As well as the information found on this website the Accountant in Bankruptcy (the Scottish Government’s Insolvency Service) has also produced two guides to personal debt solutions which you may also find useful: Debtor’s Guide and Debt and the Consequences. It is also recommended that you read the one page document produced by The Money Advice Service (MAS) entitled “Dealing with debt – 5 things you should know”.
Read more – Our debt experts have written thousands of articles about solving personal debt problems. Read some of these to find more about which debt solution is best for you.
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