A Trust Deed
is a legally binding voluntary arrangement, available only in Scotland which offers debtors an alternative to bankruptcy.It is designed to enable those who cannot repay their debts a way to establish a monthly repayment schedule based on what the debtor can afford to pay. The Trust Deed will last for a specified period, usually three years. When the specified term of the arrangement comes to an end, any remaining debts are written off.
Trust Deeds are only applicable where a debtor does not have enough disposable income (the surplus money after day-to-day living expenses) to meet his/her unsecured contracted credit repayments.
If you want further information on this option then please call us on Tel 08000 850758 We can help you get out of your money problems and credit card debt. We are experts in debt management, credit card debt and money problems in the uk and we operate nationwide.
Applying is easy and confidential...
Making an application is easy and is the first step to getting your finances under control. The information we need is basic financial information about what you owe and your income. Using this information we work out the best way to help you.
All we ask is you be honest about you situation and we will be able to offer the best advice to help you get back in control.
