Ask a question in our Trust Deed Advice Forum Registered Users Click Here Not Registered? Register Here

Latest 10 Forum Posts
Forum Post		Author
	Wasn't there a campaign for plain english at	RockBottomSolidBase
	Hi Bexter No, it's a contingent debt and a	Mark McFadyen
	No problem, I hope it works out. 90% of the t	Mark McFadyen
	Hi Mark, Thanks. Yes I am in a position t	petal24
	Oh! Alpha, I thought you were going to give u	Mark McFadyen
	Hi Petal That will always be a last option	Mark McFadyen
	Hi again, Would this mean that I have to s	petal24
	I had the same letter as mick1985, glad this	AlphaB
	Hi, Thank you. I have been paying £200 p	petal24
	Welcome to the forum petal24. How much hav	Trust Deed Assistant

Current Forum Topics
Forum Post		Author
	Handing back car,,	Bexter
	Equity Release	petal24
	TD coming to an end and need a mortgage	djcoupsey
	New trustee? is this an issue?	mick1985
	thinking of a trust deed	angi3
	last payment due and review requested	cheerykel
	anyone help with what this means?	trustdeed1
	Protected!	bobsa
	It’s all about the milestones	colski
	About to go into TD	notntodeedyet

Top Scottish Trust Deed Topics
Forum Topic
	Merry Christmas - Just want to wish you all a Merry Christmas
	Trust Deed Impending - Any advice much appreciated. I have over £30,000 debts
	Just signed a Trust Deed!- Hi Everyone, Just signed my trust deed with the
	Thank You - My wife and i have just completed the five week period from the
	Trust Deeds on loan under a year old - Hi all, this is my first time using this
	Trust Deed – right for us? - My wife and I have slowly and gradually run up some
	Trust Deed Protected - Calls from Barclaycard - Received letter from my trustee
	£500 fee to protect equity - Hi there, Im thinking about taking out a trust deed
	New to Trust Deeds - Hi There I have been reading this website and the forums
	TD Objections - A question for the experts. The 5 weeks for my TD was due up
	Help please - Am posting for the first time and some advice would be gratefully
	Trust Deed - Hello All, Got to say this site seems really good and full of
	Should I trust using a Trust Deed - Hi,I am considering setting up a trust deed
	Help - Hi There, I am swimming in the sea of TD confusion and would really
	Dmp or trust deed - My husband and I are currently in a DMP, it started Dec'09.

Trust Deed News
	Couples Dealing With Debts	13th May 2013
	500 Word Guide To Trust Deeds	7th May 2013
	Can A Guarantor Loan Go Into A Trust Deed?	29th April 2013
	Qualification Criteria For A Scottish Trust Deed	22nd April 2013
	Complaints During Trust Deeds In Scotland	15th April 2013
	How Long Does A Trust Deed In Scotland Last?	11th April 2013
	Will A Trust Deed Threaten My Continued Employment?	26th March 2013
	The State Of Personal Debt In The UK	25th March 2013
	Citizens Advice Scotland Receive £1.5 Million Extra	22nd March 2013
	Calls For Spam Texts And Unsolicited Call Clampdown	19th March 2013

Quick Reply Form

Provide us with your contact details. A qualified debt adviser will contact you ASAP.

Data never passed to other organisations.

Your Name:   Your Email:   Phone Number:   Best Time To Call: Anytime Morning Afternoon Evening   Any Message:     Reload Image   Enter Above Code Here:

Expert Advice and Assistance

Residents of Scotland who are struggling to repay their debts may have the option of entering into a Trust Deed with their creditors. This formal debt measure (often called a Scottish or Protected Trust Deed) is an agreement between yourself and those you owe money and is an alternative to bankruptcy.

How can Protected Trust Deeds help you?

By signing up to this form of agreement you agree to pay an amount each month for a defined period (usually three years). Once completed, your creditors must write-off any outstanding balances and these debts will be considered as settled.

People choose this method of debt resolution as a way of taking control of mounting debts and working towards clearing them for good. Monthly payments to creditors are agreed after your finances are reviewed to see what you can afford. Once the terms have been agreed by creditors, you will be legally protected from them and all interest on the debts will be frozen. When it has run its course, creditors can no longer pursue you with measures such as legal action, allowing you to move on with your life.

There are risks associated with entering into a Trust Deed Scotland. These can include releasing equity from your home to help pay off debts, and incurring a poor credit rating for a number of years after the term has ended. For reasons such as these, it is important that you seek relevant advice before entering into any formal agreement.

Many of the companies claiming to offer “impartial advice” are doing anything but that. You need to be aware of all the potential financial implications and ensure you seek advice from people who have experience in this area. That’s why this website exists - to bring financial experts and people in debt together so they can talk openly about debt resolution methods and to build a resource to help future debtors. Our Trust Deed Scotland Forum also allows those struggling with their debts to ask our resident experts questions.   

Our forum provides up-to-date, expert advice

On this website you will find our well-established forum. If you have a question regarding any debt measure or solution, then please join our Scottish Trust Deed Forum and speak directly with debt experts. A number of experienced industry insiders take part in daily discussions, offering expert advice to participants. What better method of finding out everything you need to know regarding debt than from our qualified and experienced professionals? You can also call our advice line on 0800 043 7201 or 0141 237 3752 and also can get in touch using one of the contact forms on the site.

Trust Deed Scotland Key Facts

If you proceed with this form of debt resolution, the debt arrangement scheme, sequestration or certain debt management plans, then fees will apply. For further details about these fees (and the work that is conducted) click here. Your ability to obtain further credit will be affected by most debt solutions; for further details click here. Other sources of debt advice exist; click here for further details. You may wish to read the “ Debtor’s Guide” (published by the Accountant in Bankruptcy) which contains impartial information about debt. Calls to our 0800 telephone number from mobile phones and some networks may be charged (we will call you back if you ask us to). Warning: If your Trust Deed Scotland fails you will remain liable for the balance of your debt and the insolvency practitioner fees and costs incurred (if they chose to seek payment from you). In certain circumstances failure of the plan might result in your sequestration or refusal to discharge you from your trust deed.