Trust Deed Scotland - Official Website - Life After Debt

Debt Help Scotland

If you are struggling with your finances and need urgent Debt Help in Scotland, there is free ethical debt advice available from Scottish based Trust Deed Scotland.

In order to calculate if you need help repaying your debts, it is a worthwhile exercise to list your essential expenses and deduct these from your income to work out what is known as your disposable income. This figure will help you to decide which way to proceed.

Many households across the UK are experiencing the brunt of the recession and in recent years, many thousands of Scottish residents have used a range of Government debt help measures known as Trust Deeds, DAS and Sequestration to clear their unmanageable debts.

The most popular of these debt help tools in Scotland, is the Protected Trust Deed. A PTD uses government legislation to allow individuals to write off a substantial amount of your unsecured debts and become free from debts in a typical period of 36 months.

The Debt Arrangement Scheme (DAS) also uses government legislation to manage your debts and in some cases can be the most appropriate way of clearing personal debts depending on your situation. Both protected trust deeds and DAS freeze creditor interest and charges once setup.

Sequestration, which is the Scottish version of Bankruptcy, may be seen as a last resort way of clearing your debts. In recent years the stigma of bankruptcy is lifting and the government is recognising that the recession is forcing more people to consider this option and changed the legislation to reflect the current insolvency climate.

You may also wish to consider the prospect of using a debt consolidation loan to manage your finances, however most ethical debt advisers will generally advise against using this option as it can ultimately lead to more problems. In the current lending environment a consolidation loan is often secured against a property, a risk that most families would realistically like to avoid.

There are pros and cons attached to each of these solutions to debts in Scotland and in order to work out which of the Scottish debt help tools you are most suitable for, you are advised to discuss your circumstances with a qualified money advisor. Charities such as Citizen Advice Scotland and CCCS offer money counselling for free. Ethical debt advisers including Trust Deed Scotland also provide free confidential advice.

Call today for instant discrete advice and get your finances back on track today:

• 01224 418 267 Aberdeen
• 0131 278 0790 Edinburgh
• 0141 221 0999 Glasgow

Utilising any debt help Scotland is likely to impact your credit rating. Think carefully before considering any form of personal insolvency and failure to keep up repayment may result in you being sequestrated or losing your home.

Your Employment Status --SELECT-- Employed Unemployed Self-Employed Retired Student Your Total Unsecured Debts --SELECT-- £1,000 £2,000 £3,000 £4,000 £5,000 £6,000 £7,000 £8,000 £9,000 £10,000 £11,000 £12,000 £13,000 £14,000 £15,000 £16,000 £17,000 £18,000 £19,000 £20,000 £21,000 £22,000 £23,000 £24,000 £25,000 £26,000 £27,000 £28,000 £29,000 £30,000 £31,000 £32,000 £33,000 £34,000 £35,000 £36,000 £37,000 £38,000 £39,000 £40,000 £41,000 £42,000 £43,000 £44,000 £45,000 £46,000 £47,000 £48,000 £49,000 £50,000 £51,000 £52,000 £53,000 £54,000 £55,000 Over £55,000 This includes unsecured loans, credit cards, council tax arrears, bank overdrafts etc.

Note - student loans cannot be included in a Trust Deed. Your Monthly Net Income This is your monthly take home pay including any other income

Example
Take home pay £1200
Child tax credit £200
Total net income £1400 Your Monthly Expenditure This includes all rent or mortgage payments and all other fixed outgoings that you pay each month.

Excluding your payments for your unsecured debt. Are You A Homeowner? --SELECT-- Yes No

(Homeowners) Estimated Equity None Don't Know 5000-10000 11000-20000 21000-30000 31000-40000 50000+ Equity Example:
Mortgage - 72k
House Value - 80k
Your Equity - £8000

Dont worry if you don't know your equity.
Just call us on 0141 221 0999

Your Nearest City --SELECT-- Glasgow Edinburgh Stirling Perth Dundee Aberdeen Inverness We have a network of Trust Deed providers throughout Scotland

Your location will help us recommend the best providers.

Title --SELECT-- Mr Ms Miss Mrs Other First Name Last Name Email Address Phone Number Why Do We Need Your Phone Number?

Although you will get an instant quote indication, we still need to contact you to get more detailed information regarding your financial circumstances.
All calls confidential.

Your privacy is important to us. Your Details are held in the strictest of confidence and we will only request information required to find your best solution. Your details will NOT be shared with third parties.

• Trust Deed Scotland
• Protected Trust Deeds
• Debt Help Scotland
• Frequently Asked Questions

• Scottish Trust Deeds
• Case Studies
• About Us
• Latest News

• Scottish IVA
• Credit Card Debts
• Debt Management Scotland
• Debt Arrangement Scheme

• Trust Deed Calculator
• Sitemap
• XML Sitemap
• Terms & Conditions
• Privacy Policy