What are Trust Deeds?
A Trust Deed in Scotland is a legally binding, voluntary agreement between you and your creditors to repay your debts at an affordable level, for a minimum period of 48 months.
Managed and administered only by a Trustee, at the end of the term, any unsecured debts left will be written off – allowing you to enjoy life after debt.
In order to qualify for a Trust Deed in Scotland, you will have at least £5,000 of unsecured debt.
To find out if a Trust Deed is right for you, call Trust Deed Scotland today and one of our experienced debt advisers will be able to give you tailored advice that allows you to make an informed decision on whether applying for any formal debt solution is right for you.
We’ll be able to tell you what a Trust Deed is and the pros, cons, and alternatives Scottish debt solutions such as the Debt Arrangement Scheme.