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Trust Deed Blog

How to Reduce Your Credit Card Debt

March 31st, 2015

Thousands of Scottish residents are currently struggling with credit card debt. It can be all too easy to quickly accumulate huge amounts of debt due to high interest rates and hefty charges.

How the Budget Affects Scotland

March 27th, 2015
George Osborn

Chancellor George Osborne has revealed the pre-election Budget, and it features some key changes that will interest the residents of Scotland. There’s a boost to the country’s oil and whisky industries, and the Scottish government will be provided with an extra £31million next year. A £1.3billion package was also pledged in support for the North…

The Dangers of Council Tax Debt

March 25th, 2015

Austerity measures were inevitable after the results of the 2010 election, but voters will be disappointed these are still in place today after a slow economic recovery. Personal debt has been a damaging consequence from an unstable and uncertain economy around the globe. Poorer residents have felt that they have been taken advantage of by…

How to Recognise Your Spiralling Debt Problem

March 23rd, 2015

When it comes to taking the first steps towards rebuilding your financial situation, half the battle is recognising your problems before things spiral into further turmoil. It’s important to remember that there are tell-tales signs for everyone in these dire straits and the quicker you take action on them, the easier things will be in…

How to Prepare To Meet Your Insolvency Practitioner

March 17th, 2015

A Trust Deed is one of the best options available to Scottish people stuck in debt, and is quite possibly the best option for you if you’re struggling to repay yours. Similar to an IVA (Individual Voluntary Agreement) in England, Wales and Northern Ireland, a Trust Deed can only be set up by a qualified…

British Economic Stability or are Bad Signs Ahead?

March 16th, 2015

The effects of the 2007-08 global financial crisis are there for everyone to see. Rows of empty shops demonstrate how challenging small and local businesses have found coping with the unexpected crash after years of prosperity. Despite there being a new government, nearly a historic referendum and a home Olympics, millions are still struggling to…

Debt in Scotland – Is It Getting Worse?

March 9th, 2015

By now, the fact that there is a growing disparity between real wages and household income is something we are all too familiar with here in Scotland. It seems every week we are faced with new statistics stating things may get worse before they get better

How Does a Trust Deed Affect My Property Assets?

March 3rd, 2015

When searching for advice regarding Trust Deeds in Scotland, many researchers are concerned whether the property they live in will be affected. Specifically, many are concerned about whether they will lose their home. If you have invested a lot of time and money into your property and you have worked hard to keep it in…