Founded in 1992, Scott and Co is a Scottish-based debt collection agency. It works with local authorities and private companies on consumer and business debt. The company is registered in Scotland as a limited liability partnership. It has a network of service offices in Scotland.
The company is affiliated with several organizations, including the Institute of Revenues, the Credit Services Association, and the Society of Messengers-at-Arms-at-Arms. The company works with both private and public sector clients, and provides enforcement services, citation services, and debt recovery. It operates from six operational hubs covering all six Sheriffdoms in Scotland. It has a debt advice package, which explains the rights of debtors. It is advisable to contact the company in writing. If you do not respond, they may pursue litigation.
If you have a debt, Scott and Co can obtain a summary warrant, which will pass it to them. This order will then serve as a pay order. They can also seize any property that is outside of your home. The Sheriff can then use this property to cover the debt.
If you do not pay the debt in a reasonable time, Scott and Co may apply for an Exceptional Attachment Order. This allows them to enter your home and seize property. This type of order is usually not used on vulnerable people. However, it can be used if you are not capable of paying the debt.
Scott and Co (Scotland) has a number of requirements that must be met before they can pursue a litigation case. First, they must make sure that you have a written communication that outlines your rights. They also have to send you a debt advice package. The package must be sent at least 12 weeks before they are instructed by your local authority. Then, you have 14 weeks to repay the debt. If you do not repay the debt by the end of the 14 weeks, they may sell the property to repay the debt.
The company may also make threats to your family and neighbors. They may visit your workplace or home and speak to your family members. If they are persistent, they may even visit your bank. They may try to take your car or car keys. They may try to take wages or benefits. They may even attempt to collect council tax.
If you pay off the debt in full, Scott and Co will stop the collection action. However, they may still try to collect the debt if they cannot reach an agreement. The debt may be placed on a debt arrangement scheme, which can be paid off in installments. It is advisable to pay off the debt as soon as possible so that you can avoid the hassle of a court case.
If you want to prevent a Scott and Co (Scotland) debt collection attempt, you can freeze your bank account. This will prevent them from making any withdrawals until you have paid off the debt. You can also ask your family member to buy back the goods that you have sold.
Scott and Co (Scotland) was first seen on Apply for an IVA