Trust Deed Benefits

A Trust Deed is available to all individuals, Sole Traders and Partners who are residence of Scotland and who are insolvent and are experiencing creditor pressure. A Trust Deed can be used by those who own their own property and wish to avoid the possibility of losing it in the event they were made bankrupt. You do not have to own a house to sign a Trust Deed.

For a Trust Deed to succeed you need to be control of your spending. Whilst in a Trust Deed you will be unable to get credit therefore you must live within your means.

Trust Deeds Benefits

Debt free in 36 months

Interest and charges are frozen

Monthly payment is based on what you can afford

No direct fees to be paid by you but be warned some companies may charge you an upfront fee

No more creditor contact throughout the term of the arrangement

Avoid all of the unfavourable stigma and restrictions of bankruptcy

Legal action and collection action will stop

Compels you to address your financial management issues

Removal of the temptation to get further into debt

What creditors can be included in a Trust Deed?

Typically all unsecured debts such as money owed to finance companies, banks, store cards, credit cards, Inland Revenue, HM Customs & Excise (VAT), Council Tax and loans made for your family. A Trust Deed will not include the following debts: mortgages, hire purchases, debt incurred through fraud, student loans, fines, maintenance and child support arrears.

Call the debt solutions helpline on: 0845 519 6093

Can I lose my house with a Trust Deed?

No, but you will be asked to try and release any equity from your property , if you can release any equity then that equity will be paid into your trust deed.

Can debt solutions help me get out of debt?

YES we can. Everyone’s personal situation is different and each debt solution is different so we need to work out which will best suit your financial needs.

We will complete a FREE 20 minute fact find with you to work out what your earning and spending and this will let us know how much you can afford to pay to your creditors and also which debt solution is best for you to help you get out of debt. You are under no obligation but I am sure you will be 100% happy with what out debt advisors can do for you and we have the lowest debt managenent fees in the industy

We pride ourselves in our friendly, professional approach to finding the right debt solution for every one of our clients, which is honest, confidential and always the ‘best advice’ based on your individual circumstances.

If you would like to speak to one of our friendly, professional debt experts about any of our debt solutions you can either call our debt solutions helpline on: 0845 159 6093 or complete our online contact form and one of our debt advisors will call you back within the hour.

Start you debt free life today! with one of our debt solutions.

Debt Management | Individual Voluntary Arrangement | Protected Trust Deed | Bankruptcy

Also have a look at out "DEBT FEEs" chart and see what the more popular debt management companies are charging.