For free debt advice from Debt Advisers Direct

Trust Deeds for Scottish residents

A Trust Deed is a form of Government legislation that is designed to help Scottish residents clear debt.

It acts as formal agreement between you and your creditors where you agree to pay one lower, affordable monthly payment over a fixed period (usually three years). Once agreed, your creditors cannot add any interest and charges to your account. It protects you from creditor demands and, once the Trust Deed is complete, enables you to write off the remainder of your debt.

Benefits of a Trust Deed:

  • Be debt free in just 36 months
  • Only pay what you can afford
  • Get protection from creditors
  • Freeze all interest and charges

A Trust Deed is a solution to people who feel their debts are out of control and is a real alternative to Bankruptcy (or Sequestration).

As a licensed Insolvency Practitioner (IP), Debt Advisers Direct can arrange a Trust Deed between you and your creditors so that you could realistically have to repay as little as 15% of your current debt!

Debt Advisers Direct will prepare your Trust Deed proposal and deal with your creditors.

Get Trust Deed advice today,
call freephone 0800 074 8639

Once accepted, a Trust Deed is considered 'protected': This prevents creditors from taking further action e.g. wage arrestment, debt collectors and bankruptcy, to recover debts due to them and as long as you stick to the terms you will be debt free within in 36 months.

We will take into account your own personal circumstances and find the best repayment plan to suit you. At the end of a Trust Deed the balance of any unpaid debts are written off.

To read more about Trust Deeds please read our Trust Deed FAQ.

To arrange a Trust Deed or to find out more information call today or complete the form on this page and our experts will call you back, free of charge.

Unsure if a Trust Deed is the right debt solution for you? why not read about our other debt solutions such as:

Fill in our form, an expert will call you back for free
Title:
First name:
Surname:
Telephone:
Mobile:
Email:
Best time to call:
By continuing, I agree to the privacy policy
11/07/2008 BBC Scotland looks at effects of debt on health Volunteers have been sought to take part in an investigation looking at the physiological effects of debt.... more » 04/07/2008 Scotland avoids house price decline Property in Scotland has avoided the national drop in prices, according to Nationwide`s recent figures.... more » 26/06/2008 Optimism for Scottish economy Latest economic figures from Lloyds TSB Scotland indicate a slowdown but growth overall.... more »

Subject to eligibility and acceptance, debt write-off applies on completion of a Trust Deed ,alternative solutions may be offered. Fees payable. Your ability to obtain credit will be affected. Calls may be recorded.

Debt Advisers Direct © 2008 All rights reserved. Debt Advisers Direct is a trading style of Freeman Jones Limited.
Carlton House, Vere Street, Salford M50 2GQ. Company registration No. 4348410. Registered in England and Wales