There are many ways to get out of debt and avoid Scott and Co (Scotland). Firstly, you can make a complaint if you feel they are unfair. You can do so in writing by setting out your reasons for complaint and state the specific amount of debt you owe. It is also possible to use an IVA to clear your debt.
You can also ask them to stop contacting you. Scott and Co is a legitimate debt collection agency that belongs to several organizations. It deals with private and public debt. It offers payment plans and has the legal right to issue a warrant. If you are unable to pay, Scott and Co can make threats to your family members, co-workers, and relatives.
When you choose to use a debt collection agency, it is vital to choose one that is impartial and offers free advice. Many companies that offer this service will threaten you with legal action if you do not pay. But by ensuring you choose the right one, you will be able to stop Scott and Co from harassing you.
Scott and Co are a Scottish debt collection agency that specialises in providing enforcement and debt recovery services to the public sector. They are also one of the biggest employers of Sheriff Officers in Scotland. Apart from this, they also offer their services to private companies and public organisations. In addition to this, they deal with consumer debt. They are members of the Credit Services Association, the Institute of Revenues, and the Institute of Directors.
As you can see, it is not difficult to get out of debt with the help of Scott and Co. A simple way to start is to make an upfront payment. Alternatively, you can apply for a Debt Arrangement Scheme or Time to Pay Order. These options will freeze interest rates and stop diligence proceedings. In the case of a Debt Arrangement Scheme, the debtor is charged 10% of the stated debt charge to cover administration costs.
As with other debt collection agencies, the fees associated with Scott and Co are likely to be similar to those of other debts. These fees will be clearly stated in the correspondence you receive from Scott and Co. You can also apply for a Time to Pay Order in order to avoid being charged these fees. You will then receive an information package about your rights and options.
If you are in financial difficulty and can’t afford to pay the full amount owed to Scott and Co, you can have your bank account frozen and not be able to withdraw money until the debt is repaid. This can take up to 14 weeks to clear, so you must be sure to pay the agreed amount within this timeframe. Additionally, you can also have your property seized and sold to clear the debt.
How to Get Out of Debt and Avoid Scott and Co (Scotland) was first seen on Help with My Debt