Scotland debates whether Scottish residents would be better or worse off in an Independent Scotland, Trust Deed Scotland

Industry: Debt, Finance

The debate over Scottish independence is a focal point of Scottish politics and over the upcoming months and years, the debate will intensify. Trust Deed Scotland support the need to discuss an independence referendum.

(PRUnderground) September 29th, 2011

Scotland debates whether Scottish residents would be better or worse off in an Independent Scotland

The debate over Scottish independence is a focal point of Scottish politics and over the upcoming months and years, the debate will intensify. Trust Deed Scotland™ support the need to discuss an independence referendum in order for the people of Scotland to decide for ourselves what future our proud nation should have.

Trust Deed Scotland understands that as reported in an English based debt website, an Independent Scotland could be in danger of taking on a catastrophic debt burden should we gain independence following the referendum expected to be delivered in 2014/2015.

However there are other equally important issues that are affecting the lives of ordinary Scottish families such as cuts in the public sector which Westminster must answer.

John Mason, a Glasgow based MSP for the SNP wrote on his website:

“The Tory-Lib Dem cuts agenda has exposed the very real problems of running a social support system for people in Scotland that is not joined up with the jobs, housing or needs of Scotland. There has been no thought of the impact of these plans.

“Instead of asking questions on independence the UK Government must answer key questions around the Scotland Bill. Michael Moore and Danny Alexander must set out clearly how this tax will work, what impact it will have on the low paid, what plans they have to collect it and what it will cost Scotland.”

As previously reported by Trust Deed Scotland issues such as fuel poverty and rising cost of living are putting Scottish families into severe financial difficulties.

With UK government making spending cuts including CAB cuts, there is a harsh reality that those Scottish families in the most vulnerable of financial positions are being forced to utilise high interest yielding payday loans and bank overdrafts that provide instant cash-flow, instead of seeking help for their debts.

Trust Deed Scotland, an independent leading trust deed introducer has given debt advice to thousands of Scottish residents including trust deeds, debt arrangement schemes and LILA sequestration which all use legislation created by the Scottish government in order to help individuals clear their unsecured debts.

A spokesman for Scottish owned and operated Trust Deed Scotland™ advised “For those with financial difficulties in Scotland, arguably the most pressing issue is that of their own personal household debt and not the GDP and proposed sovereign debt as an independent nation. I hope that the Scottish MP and MSPs continue to devote time to serving the needs of the Scottish people at grass-roots level.”

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