Bank Holidays in Scotland 2014

Bank Holidays

bank

 

wb21 bank holidays mean that banks and many other businesses are shut for that particular day. Bank holidays and public holidays are the two terms which are used interchangeably, but these both do not necessarily fall on the same day.

Bank Holidays in Scotland are different than the holidays observed in the rest of United Kingdom as the bank holidays in Scotland are not recognized as statutory public holidays. This blog covers August bank holiday and various other bank holidays observed in most of the European countries. Since there are very fewer events, bank holidays are more popular in Scotland, UK, and Ireland. Most of the bank holidays in Scotland comes on Monday which makes it easy for the people to stretch their vacation.

The public holidays in Scotland are recognized by the local authorities across the country. In fact, the Bank Holiday Scotland 2014 is observed by the financial sector of the country, and the rest of the sectors do not give as much importance to these bank holidays. Banking and Financial Dealings Act 1971 and the St Andrew’s Day Bank Holiday Act 2007 determine the Bank Holiday Scotland 2014.Which all dates are reserved for the Bank Holiday Scotland 2014?

The Scottish banks have synchronized their holidays according to the bank holidays in England and Wales due to which on Easter Monday and the last Monday in the month of August is observed as a Bank Holiday. This change occurred from the Easter of the year 1996. Initially, the Easter Monday which is the day after the New Year’s Day was not declared as a holiday but with many protests that followed this is now observed as a Bank holiday.

There are around seven Bank Holidays in Scotland for the year 2014 all of which fall on a week day. The following are the list of these holidays:P.S: You can also check August Bank Holiday 2014 on this blog.

Dates of bank holidays 2014 in Scotland

Date Day Name1 January Wednesday New Year’s Day18 AprilFriday Good Friday5 May MondayEarly May Bank Day26 May        MondaySpring Bank Holiday4 August Monday Summer Bank Holiday25 December Thursday Christmas Day26 December Friday Boxing DayNew Year’s Day (01-01-2014) Wednesday:

Like is the case with the majority of the countries this day in Scotland is declared as a bank holiday as it determines the first day of the New Year with various social gatherings.

Good Friday (18-04-2014) Friday: The day of the sacrificial death of Jesus Christ is also observed as a Bank holiday in Scotland.Early May Bank Holiday (05-05-2014) Monday: This day is an officially celebrated holiday of the country and so are Spring Bank Holiday (26-05-2014) Monday and Summer Bank Holiday (04-08-2014) Monday.Summer Bank Holiday is observed here still as first Monday of August.

A long weekend for a short break.Christmas (25-12-2014)  Thursday: The festival of Christmas is celebrated on this day so this holiday is observed in many countries.Boxing Day (26-12-2014) Friday: The day after the Christmas is also officially declared as a Holiday. Earlier this day was not considered to be a holiday but since the year 1974, this day has been claimed as one of the additional bank holidays.

How Do People Enjoy Bank Holiday in Scotland?

The country of Scotland is filled with museums, castles and other family attractive places as well so anyone can go and visit these beautiful places on a bank holiday. Since according to the Bank Holiday Scotland 2014, many of the holidays fall on Monday so the people can enjoy long weekends by planning their short trip.

Have a close look at the Bank Holiday Scotland 2014 calendar you will notice that the bank holidays for Christmas and Boxing day fall on Thursday and Friday so these days when combined with the weekends then you can enjoy a long break so you can start planning and booking for the long vacation from now itself. For a long break, you can visit the amazing countryside or the coast of Scotland.

Credit Cards and Bankruptcy

Credit Cards

If you are overwhelmed by credit card debt and considering bankruptcy, it is time to consult a bankruptcy attorney and discuss your options.  Because filing bankruptcy is a major decision, it is worthwhile to find an attorney who will explain the pros and cons of all your payment options before rushing into a bankruptcy decision, which can have other repercussions.Debt consolidation or bankruptcy?

If you first explore alternatives to bankruptcy, such as working out a debt elimination or debt consolidation plan with your creditors, you may be able to avoid filing bankruptcy.  In the end, you may determine that bankruptcy is your best option, but for some people, it may not be the best way to proceed.

Bankruptcy may be an option worth pursuing if you rely on credit cards to pay your monthly living expenses without knowing if you will be able to pay the bill each month, or if your credit cards are maxed out, or if you can only afford the minimum payment or even less each month.

What can happen if I just don’t pay my credit card bills?Some people may wonder what will happen if they just stop paying their credit card bills rather than filing bankruptcy.  Unfortunately, this will usually only make matters worse.

Although specific laws vary from state to state, credit card companies have many different options for collecting debt from making harassing phone calls to filing a lawsuit to be awarded a judgment for the amount owed including penalties and interest.Once a credit card company is awarded a judgment, they have several options to collect the money, including wage garnishment (in most states), real estate liens, forcing a sale of assets, seeking a court order to set aside transfer of assets, including cash, given to family members within the last few years, and obtaining a court order to take the money out of bank accounts.

This is only a basic overview of some of the things that could happen if you just ignore credit card debt.  You can avoid most of these undesirable events from happening if you hire a good attorney to assist you with your debt options including bankruptcy filing under either Chapter 7 or Chapter 13.

Will all my credit card debt be discharged if I file for bankruptcy?Filing bankruptcy does not guarantee that all your credit card debt will be discharged.  A credit card company can challenge the discharge of debt in a bankruptcy filing for reasons of fraud.

Credit card debt may be non-dischargeable if it’s shown that the application submitted to get the card was fraudulent or that the use of the card was fraudulent and there was no intent to repay the debt.What factors cause a credit card company to suspect fraudulent credit card use?

There are many factors that indicate fraudulent credit card use, which may cause the credit card company to challenge credit card debt discharge under bankruptcy, including:submitting false information on credit card application newly issued credit cards increase in credit card usage in months before filing cash advances in months before filings exceeding credit limit pattern of borrowing from one credit card to make a payment on another purchase for luxuries or recent travel and vacations using credit card when unemployed or without reasonable belief of ability to repay using credit card after consulting with a bankruptcy attorney amount of time between when charges made and bankruptcy filedIf you are considering bankruptcy, it is important to be aware that certain luxury purchases and cash advances in the 2-3 months before filing bankruptcy may be considered non-dischargeable and will have to be repaid in full.

Also, if you are concerned that any of your credit card debt may be challenged, you may want to wait and file so that there is more time and/or payments between the questionable usage and filing bankruptcy, contest the challenge of fraudulent use of evidence, or settle with an objecting credit card company if they file a challenge.If a judge agrees that the credit card debt was incurred by fraud, the debt will not be discharged in bankruptcy.Will bankruptcy affect my credit?Credit Cards

If you are in the situation where you have credit card bills and other debts that you cannot pay, it has already affected your credit and bankruptcy will probably not make it any worse.

A record of the discharged debts and bankruptcy filing will appear on your credit report for ten years, but that does not mean you will not be able to obtain credit during that time.Bankruptcy gives you a chance for a new beginning, and you will be able to rebuild your credit.

Creditors want you to borrow and knowing that you do not currently have a large amount of debt, that there is a low probability of filing bankruptcy for the second time, and that you cannot file bankruptcy again for years, you will probably receive unsolicited credit card offers in the mail to help you get back on your feet.

Most people who file bankruptcy change their credit card habits and can reestablish a good credit history and then obtain loans for cars and homes.Also check gastauer