Trust Deeds

Problem Debts? Live in Scotland?

Become debt free with a Trust Deed

Make Affordable monthly payments and
after 3 years you'll be Debt Free Guaranteed.

Trust Deeds allow Scottish residents with overwhelming debts to repay them at an affordable rate and to become debt free in as little as 36 months.

What is a Trust Deed?

Often referred to as the Scottish IVA, a Trust Deed is voluntary arrangement, available only in Scotland. It offers debtors an alternative to sequestration, the Scottish equivalent of bankruptcy.

Why Should i Consider a Trust Deed?

  • A Trust Deed can reduce debt by up to 90%.
    You only repay what is affordable after taking into account your personal circumstances.
  • A Trust Deed allows you to be free from debt in 3 years.
    Trust Deeds normally lasts for 36 months, after which the remaining debt is effectively written off.
  • A Trust Deed Stops freezes interests on your debts.
    You will stop paying interest on your debts when your trust deed is approved.
  • A Trust Deed Stops harassment.
    Creditors and Debt Collectors can't legally pursue you for repayment of debt once a protected trust deed is in place.
  • A Trust Deed avoids sequestration
    An Trust Deed means you reach an agreement with your creditors whereby you are spared from bankruptcy (know as sequestration in Scotland). Sequestration mean you lose control of all your assets, including your home, which may have to be sold.

See Also:-

  • Trust Deeds Criteria
    The personal circumstances required to make a Trust Deed a potential debt solution.
  • Trust Deeds Process
    The process of setting up a Trust Deed and the information you're required to supply.
  • Trust Deeds & Your Assets
    How your home, car and other assets are treated in a Trust Deed.
    Assets that can be excluded from the Trust Deed detailed.
  • Protected Trust Deeds
    Making a Trust Deed protected means creditors can't take further legal action to recover the debt.
  • Trust Deed FAQ
    Searchable database of frequent Trust Deed questions and answers.
  • Sequestration - Scottish Bankruptcy
    Brief overview of Scottish bankruptcy, and in particular, changes to the laws made in 2008.

Live in England
Or Wales ?

Please see IVAs.
Trust Deeds are for Scottish Residents Only.

Call us FREE on 0800 043 2444 for Confidential Advice

Our office is open on Wednesdays until 9pm
(not out-of-hours call centre)