Differences Between IVAs And Trust Deeds
What is the Scottish version of an IVA? An IVA in Scotland (Individual Voluntary Arrangement) is better identified as the equivalent Protected Trust Deed...Read more
FCA proposed ban on Debt Packager Fees
The Financial Conduct Authority (FCA) has proposed banning debt packager firms from being paid to refer customers on to other firms. The FCA is...Read more
Can I Arrange My Own Trust Deed?
No. All Trust Deeds must be arranged and administered by an Insolvency Practitioner. Insolvency Practitioners are highly qualified professionals with an extensive knowledge of...Read more
Are Credit Cards included in Scottish Trust Deeds?
All types of unsecured debts are required to be included within a Scottish Trust Deed and credit cards are the most common type of...Read more
Can you get a Trust Deed twice?
The advice on whether you can get a Trust Deed twice varies depending on the reason for you asking the question of can you...Read more
Can I get a Trust Deed if I live in England or Abroad?
The Protected Trust Deed and Debt Arrangement Scheme are two formal debt management solutions available to people who are residents of Scotland. However, you...Read more
Is your home blacklisted if you start a Trust Deed?
A concern for some of our clients is whether their home is blacklisted if they start a Trust Deed. Only individuals have a credit...Read more
Are there age limits for applying for a Trust Deed?
There is no upper age limit for applying for a Trust Deed or the Debt Arrangement Scheme. However, there are some important factors that...Read more
What debts does a Protected Trust Deed include?
The type of debts that can be included in a Protected Trust Deed are generally those that are described as unsecured, with some exceptions....Read more