Self-employed Debt Help

Debt help for the self-employed

Self-employed professionals can find themselves in trickier debt situations than their counterparts who are employed full or part time by a company.

This can be caused by too much money being loaned out at the very beginning of starting a business or difficulty in generating income. However, if a sole-trader finds themselves struggling financially in the first year of business, it’s likely that they’ll spiral into even more debt which will be extremely difficult to recover from if the correct steps aren’t taken

If you find yourself prioritising some payments over others, skipping payments for company credit cards or just avoiding your debt problems in one way or another, you may need our help.

What WB Debtcare can do to help you

Going out into the world of being self-employed can be daunting and it can sometimes be difficult to find your feet. Especially if you have the overwhelming concerns of debts due and payments you are still to make. At WB Debtcare, we understand that being self-employed can come with many financial pitfalls and we’re here to help you get back on your feet again.

We will assess the current state of your debt, discuss with you what you can do to overcome your debt problems and work with you to ensure that you have a more informed footing when it comes to your finances as you grow your business.

Who does this include?

The term ‘self-employed’ is a catch all for sole traders, freelancers, startups and small business owners.

If you think you fall into one of these categories and have found yourself in debt, get in touch with us and find out what we can do to help you.

We are able to discuss, debt arrangement schemes, trust deeds and sequestration with you. We can work with you to figure out which of these suits you and your business best. Once this has been arranged, you can go back to focusing on your business safe in the knowledge that you debt is in capable hands.

Don’t ignore your debt problems

When you’re starting out, it can be difficult to prioritise everything you have to do. There can be so many things to consider and manage all at once and your to-do list can seem endless.

Don’t choose to ignore debt issues until later.

The longer you ignore debt, the more it builds up and even with one of our plans in place, you’ll still have to pay more money over a longer period of time if you ignore your obligations.

At WB Debtcare, we work with your case sensitively and with full confidentiality. We understand how easy it can be to get into debt and how hard it can seem to get out of it. The sooner you get in touch with us, the sooner your debt problems will be solved.

About WB Debtcare

WB Debtcare have been offering debt solutions in Scotland for over 30 years. We are an arm of Wylie and Bisset- one of the leading accounting firms in Glasgow.

Our team is dedicated to helping you find the debt solution that will help you and your business grow and we look forward to hearing from you!