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Why a Trust Deed?
Ease the strain of debt
In today’s financial climate more and more responsible people in Scotland are finding it harder to keep up with their debts. If you’re one of them, a Trust Deed may help ease the strain. Many thousands of Scots who were in your position can testify to that. A Trust Deed is form of insolvency. It is a legally-binding contract between you and your lenders which allows you to use your income and assets to repay only what you can afford, usually over a 4-year period, and then write off any remaining debt that is left.
If you don’t qualify?
There are other options
Not everyone will qualify for a Trust Deed. This site outlines the criteria that need to be met. You can also take our simple Debt Test to get an instant answer. If you don’t qualify, please don’t despair. That does not necessarily mean you need to continue to struggle making your repayments. There are other alternatives you could be eligible for including a Debt Arrangement Scheme or Sequestration and you can find out more about these options on this site.
How we can help ?
Free expert advice and support
Our site is designed to provide you with straightforward information about how you could potentially ease your debt problems. You can then use our simple Debt Test to establish if you’re likely to qualify for a solution. Should you be likely to qualify, your case will be handled by one of our expert debt advisers. Your adviser will conduct a full financial review to identify the best solution for your own individual circumstances. All of this is free and there is no obligation for you to action any recommendation made.