Trust Deed

A Trust Deed is a legally binding debt solution for people living in Scotland. It is set up by an Insolvency Practitioner who will act as your Trustee over a term which is typically 4 years. You make one affordable monthly repayment that will cover all of the debts. Upon completion of the plan, you may be eligible to write off a percentage of the debt. 

Are you eligible?

If you are struggling to keep up with your monthly repayment or are left with little to no money when everything is paid, a Trust Deed could be the right solution for your circumstances.

Living in Scotland
Have a minimum of £6000 of debt
Owe money to 2 or more creditors
Not made bankrupt in last 5 years
Have a stable income

Are you eligible?

If you are struggling to keep up with your monthly repayment or are left with little to no money when everything is paid, a Trust Deed could be the right solution for your circumstances.

Living in Scotland
Have a minimum of £6000 of debt
Owe money to 2 or more creditors
Not made bankrupt in last 5 years
Have a stable income

Benefits

Considerations

Need help with debt? Speak to us today!

Find out if you qualify

Leave an enquiry on our website and one of our experienced specialists will give you a callback.  They will work with you to create a budget that is affordable and sustainable for you based on a nationally recognised budgeting tool.  Once this step is complete, they will give you a balanced overview of the debt solutions available to you. If you decide to proceed with a Trust Deed, we will pass your information onto one of authorised partners.  They will give you further information on a Trust Deed and the other options available to you. There is no fee for these initial calls, but if you do decide to proceed with a Trust Deed there are fees that are built into your affordable monthly payment. These will be discussed with you in full before you proceed with the application.

  • Credit cards
  • Store cards
  • Personal loans
  • Payday loans
  • Overdrafts
  • HMRC debts
  • HP shortfalls
  • Rent Arrears
  • Gas and electricity arrears
  • Council tax arrears
  • Parking tickets
  • CSA arrears (as long as you are paying ongoing maintenance)
  • Mortgage
  • Secured loan
  • Court fines
  • Student loans
  • Car finance
  • Social fund loans
  • Fraudulent debts