Get free debt advice
Earnings arrestments require your employer to deduct money from your salary to pay back your debts. If you have received notice of an earnings arrestment, or are worried about this happening in the future, contact KPMG today for free, confidential advice. Our friendly advisers will help you decide upon the best course of action for you, and will let you know how the wage arrestment could be lifted.
Before a wage arrestment can be put in place, you will either have had a decree awarded against you, or will have received a summary warrant for the debt you owe. Failure to pay this may result in a Charge for Payment being served, requiring that the outstanding balance be settled within 14 days. If you do not pay within this time period, your wages may then be arrested.
When you contact KPMG, our friendly and experienced advisers will ask some simple questions to better understand your circumstances, and will let you know the options available to you.
If appropriate, our advisers may advise that you are eligible for a Protected Trust Deed, the Debt Arrangement Scheme, or Sequestration (bankruptcy in Scotland). All of these debt solutions are backed by the Scottish government and give legal protection against creditors taking action to recover the debt owed to them. When a formal debt solution is approved, any existing wage arrestments will be removed.
Over the last 20 years, KPMG has successfully helped more than 20,000 people get back on track with their finances. To find out if you could be next, give us a call today on 0141 300 5656, or book a callback below.