Self-Employed Debt Help
May not be suitable in all circumstances. Fees apply. Your credit rating may be affected.
Free debt counselling, debt adjusting and providing of credit information services is available to customers by contacting MoneyHelper.
You’re in safe hands
Our experienced debt advisers are specially trained to offer tailored debt advice to self-employed individuals and small business owners in Scotland.
We can give advice on important business debts such as tax and business rates and provide advice if creditors are taking court action. We can review your business finances and explain the pros, cons and alternative steps you can take to resolve your unaffordable debt problems.
Whether you’re a sole trader, limited company or partnership; the small business debt help provided by Trust Deed Scotland® is aimed at former trading businesses and current trading businesses.
Our solutions included Self Employed Trust Deeds and the Debt Arrangement Scheme.
If you are struggling to cope with creditor pressure on a short term basis, and need more time to think about your long term options, you can also consider whether a Statutory Moratorium would benefit you.
Lets get started
How it works
The example below shows how we can use legislation to help you regain control of your debt.
It will consolidate all of your unsecured debts into one smaller monthly amount, typically repaid over 4 years. Once completed, all debts included in your plan will be written off.
Suppliers
£32,000
Credit Cards
£17,000
Loans
£7,000
HMRC
£5,500
Total Debt £61,500
Old
£1611
New
£435
Debt
written off
66%
* Subject to creditor acceptance * Payment subject to individual circumstances * Credit rating may be affected
You can trust us
How to apply
Whether you call us or just use your mobile – It will always be 100% confidential and secure.
Many Trust Deed Scotland® customers who come to us looking for debt advice; often asking for more information on whether they can write off their debts. Can You Write Off Debt without entering into a debt solution? In some rare cases, you may find that creditors (the people you owe money to) may be willing … Continued
