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Bankruptcy Sequestration

What is the Purpose of a Sequestration Order?

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Why are we asking this question?
By knowing how much debt you owe, we can ensure we are able to offer you the most appropriate debt solution for your needs. Some debt solutions, like an IVA, require you to owe more than £5,000.

Sequestration is a form of bankruptcy that is only available in Scotland, however it is very similar to the version of bankruptcy available in the rest of the UK. 

Sequestration is a form of insolvency designed to be used as a last resort, when a person is completely unable to repay their unsecured debt. You can enter into sequestration voluntarily or you can be forced into it by a creditor so they can receive all or part of their debt.  

 

To find out more, visit our Sequestration page. 

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