When you enter a Protected Trust Deed your future interest and charges will be frozen. When you successfully complete the Trust Deed term, any remaining unsecured debt will be written off.
After entering into a Trust Deed, you’ll be paying back what you can afford to repay each month for a fixed period.
When you enter into a Debt Payment Programme under the Debt Arrangement Scheme (Scotland), you will legally freeze the interest and charges from the debts included in your DPP.
Like Trust Deeds, you will be paying back an agreed, affordable amount each month for a fixed period, and should you successfully complete the agreed DPP term, you will not need to repay interest and charges.