Why Protected Trust Deeds can be your best debt repayment option
When hearing about money advice it can be easy to quickly dismiss any statements made when people somewhat boastfully exclaim that they’ll never allow themselves to get into a perilous financial position. However, this has not been simple in the last five years or so.
The worldwide recession has caused large scale unemployment throughout Europe with the Euro zone struggling and millions of citizens – who thought they were in safely secured jobs – losing their occupation. As a consequence fewer people are more confident about avoiding debt then before 2008.
Regardless of your current employment the British economy is not as strong as it once was and the recovery has been slower than politicians would have hoped – due to public discontent with an election around the corner. This also restricts what services the government can fully protect with cuts to the NHS despite assurances from the three main parties this would never happen during the 2010 campaign. It’s fair to say the expenses scandal in 2009 meant the campaign promises were littered with public doubt anyway.
Politicians may be one of the most difficult professions to trust, but our independent company only wants to help clients that call our Trust Deed Scotland team.
Excellent Trust Deed Scotland Trust Pilot
Our excellent 5/5 Trust Deed Trust Pilot rating demonstrates how trustworthy and effective we are at solving people’s debt in the long term. Our commitment to helping people solve their money troubles once and for all separates us from payday lenders and our results distance ourselves way in front of other trust deed providers.
Rather than forcing you to go on Debt Solution comparison websites for the best deals we provide you with detailed information on your repayment plan through our ‘Trust Deed Wizard’.
This helpful tool clearly shows you what monthly fees you would be paying if you decided to sign up to a Trust Deed with us. It takes into account your employment status, monthly earnings and expenditure as well as how much overall debt you are in. This allows you to get results in just two minutes and clearly displays your financial situation and what can be done to tackle it with our help at Trust Deed Scotland. In most cases you will be able to protect key assets such as your home and car – to do so you’ll need to make regular repayments.
Our staff will be able to devise a plan with your consent that will clear dreaded debt.
To qualify for a trust deed you must have debts of at least £5,000 and these will have a four-year term on them. If you can make the agreed monthly repayments then your debt will clear in these 48 months.
This allows you to start again financially and this takes a huge weight of your shoulders. If this sounds like a plan you’d like to begin swiftly then give us a call or visit our offices in Glasgow to speak with us from face-to-face.
If you reside in Edinburgh, Aberdeen, Dundee or Ayrshire; anywhere in Scotland – Trust Deed Scotland can arrange a home visit, or we can meet you at a place outwith the family home. This is something that is often requested.
If A Trust Deed Is Not The Best Option – What Alternative Options Exist?
While we answer the question of why a Trust Deed can be your best option, it’s worth remembering that Trust Deed Scotland offer Debt Arrangement Scheme and Sequestration advice; while it all sounds very confusing, a 30-45 minute call with a qualified debt advisor could open the door to a life after debt.