Debt Solutions 4 Tenants
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Scottish Trust Deeds

A Trust Deed (for residents in Scotland) is a solution to debt and a real alternative to Bankruptcy. Basically it is an arrangement between you and your creditors, usually over three years. At the end of a Trust Deed the balance of any unpaid debts is written off.

Under legislation, once protected a Trust Deed is legally binding on all your unsecured creditors. The terms of your Trust Deed are tailored to your own personal circumstances.

With our Trust Deeds you could:

 
Be debt free in 36 months
Only pay what you can afford
Freeze interest and charges
Stop all further communication & action from creditors

We'll prepare your proposals and deal with your creditors. If your creditors do not object, the Trust Deed will become protected - that means your creditors are prevented from taking any further action as long as you keep to the agreement and you'll be debt free, normally in 36 months.

Subject to eligibility and acceptance. Debt write off applies only on completion of a Trust Deed, alternative solutions may be offered. Initial advice is free, fees payable for continuing services. Your ability to obtain credit will be affected for 6 years. Homeowners will be required to release the equity in their property. Calls may be recorded.
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