Drowning in Debt reports on research amongst Scottish citizens advice bureau (CAB) debt clients in 2008. Since the last survey commissioned by Citizens Advice Scotland (CAS) and conducted in 2003, personal debt has reached new record levels and consumer debt is consistently the biggest single issue that clients raise with bureaux. Concern about debt has been heightened by the crisis in the banking and credit industry and recession in the UK economy. The credit market has tightened further in 2009. This research was carried out towards the end of 2008, in the midst of this period of rapid change. Legislation on debt in Scotland has changed recently. Key changes include modification to the Debt Arrangement Scheme (DAS), a scheme designed to help individuals manage debts, and the introduction of a new route to bankruptcy for people with low income and low assets (LILA).
|Place of Publication||Edinburgh|
|Publisher||Citizens Advice Scotland|
|Commissioning body||Citizens Advice Scotland|
|Number of pages||116|
|Publication status||Published - Jun 2009|
- Citizens Advice Scotland
- Scottish Citizens Advice Bureau