An IVA in Scotland is called a Protected Trust Deed

Trust Deed Scotland
Percentage Symbol Write off 90% of your debt Up to 90% - only unsecured debt, excluding IP fees.

Home Symbol Keep your home & car Equity release may be required. Conditions may apply.

Pound Symbol No Scottish IVA setup fees We do not charge for our services, unlike others

Handshake Symbol Free Scottish IVA advice We use trusted based in Scotland IVA companies only.
Try our NEW Trust Deed Wizard and see if you can be debt free in typically 36 months »
Unsecured DebtsThis includes unsecured loans, credit cards, council tax arrears, bank overdrafts etc.

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

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

Excluding your payments for your unsecured debt. Nearest CityWe have a network of Trust Deed providers throughout Scotland

Your location will help us recommend the best providers.

Scottish IVA Example
If your creditors looked like this:
Creditor A: £4,000
Creditor B: £7,000
Creditor C: £18,000
Total owed: £29,000
Protected Trust Deed:
36 Monthly payments: £205
Total repaid: £7,380
Debt Written Off: 75%

Scottish IVA Key Facts

An IVA in Scotland could help you enjoy debt freedom in typically 36 months, protects you from sequestration, helps you keep your house, freezes interest and charges, and makes your monthly payments affordable. After successfully completing the Scottish IVA repayment period, any remaining unsecured debts will be written off. For Scottish IVA help and advice, call Trust Deed Scotland on 0141 221 0999 and find out how an IVA in Scotland could help you. If you own your own home, you may have to extend the term of the Scottish IVA. Your credit rating will be affected and stay on your credit report for a number of years after the Scottish IVA has ended and it will be more expensive to get credit. Only available for residents of Scotland. IP fees apply, other debt solutions are available and you should discuss your details with a qualified money advisor. Failure to keep up the repayment of your IVA in Scotland could result in you being sequestrated.

Would I Qualify for an IVA in Scotland?

If you would like to find out if you could qualify for an IVA in Scotland, just complete the Trust Deed Wizard and we use your submitted details to calculate your eligibility and then provide you will an instant online personalised illustration of your Scottish IVA suitability.

The information that you provide will help Trust Deed Scotland to assess your eligibility for an IVA in Scotland but you will need to discuss your situation further with an advisor in order to tailor a Scottish IVA plan as per your own unique personal circumstances.

If you would like to find out about an IVA in Scotland, Call Trust Deed Scotland on 0141 221 0999 for free confidential debt advice and to learn more about the pros and cons of a Scottish IVA.