Wednesday, 10th March 2010

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Trust Deeds

A legal alternative to Bankruptcy in Scotland

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What is a Trust Deed?

If you live in Scotland and have unsecured debts which you are struggling to pay, a Trust Deed could be the ideal solution. We offers no obligation, impartial advice and will put you in touch with a licensed professional to arrange your Trust Deed plan.

A Trust Deed is a legally binding and formal voluntary agreement, used in Scotland, which allows your Trustee to take over responsibility for dealing with all of your creditors.

  • One affordable monthly payment
  • All interest and charges will be frozen
  • Pressure from creditors will be eased, as the Trustee deals with all correspondence and queries
  • It may be possible for companies to continue trading and individuals to retain their directorships
  • Trust Deeds are not published in local newspapers
  • After you successfully complete the term of your Trust Deed, you are free from all debt included in it

A Trust Deed will not be the ideal solution for every debtor and you should consider all implications. Once again, please call us any time for free, impartial and confidential advice on 0800 228 9893.

So, What Next?

Further Reading

Please see below for a list of similar pages within this section. If you have any questions or would just like advice please freephone 0800 228 9893.

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