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Latest 10 Forum Posts
Forum Post		Author
	Hi chris. You'll need to be discharged fro	Trust Deed Assistant
	Just to add, i had a change of circumstances	tinsoldier
	You mention you are sitting with the forms, 2	Kevin Mapstone
	Welcome to the forum lucygirl. I'm glad the s	Trust Deed Assistant
	Hi,I had my TD protected in June10 and in Jun	lucygirl
	Thanks for your reply. Very frustrating as we	Sk1601
	Thanks very much for the much needed info.	Sparky22
	Hi Sk1601. I think it is going to be worth	Trust Deed Assistant
	Thanks for replying Mark. We had no idea she	Sk1601
	It wouldn't hurt her credit rating Sparky22,	Trust Deed Assistant

Current Forum Topics
Forum Post		Author
	It's finally and totally over!	gillian
	Trust Deed to Sequestration	chris
	Hey- Question regarding Bank account	Sparky22
	Joint debt, trust deed, mortgage- help!	Sk1601
	Help!	2bedebtfree
	Building Credit Rating	sigario
	Struggling	Triciaboss
	banks home insurance	joe1
	Creditors - not all bad	worriedme
	Yet another equity question	mapleleaf

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
	Will people discover that I’m in a trust deed?	16th May 2012
	Credit rating importance if contemplating protected	14th May 2012
	Psychological factors involved in debt	9th May 2012
	Information About Equity In Your Home	8th May 2012
	Debt Collection Agencies Increasingly Busy	2nd May 2012
	Family Debts And Scottish Trust Deeds	30th April 2012
	Payday Loans Companies Fight Back	27th April 2012
	Increasing levels of mortgage fraud	23rd April 2012
	Employer Attitudes To Trust Deeds	18th April 2012
	Interest Only Mortgages And A Scottish Trust Deed	16th April 2012

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Protected Trust Deed & Scottish Trust Deed Advice

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

Why consider Protected Trust Deeds?

Having a Protected Trust Deed means 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 a Scottish Trust Deed 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 Trust Deed has been agreed to by creditors you will be legally protected from them and all interest on the debts will be frozen. When the Protected Trust Deed 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 Protected Trust Deed. 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 Trust Deed has ended. For reasons such as these, it is important that before entering into a Scottish Trust Deed, you seek relevant advice.

Many of the companies claiming to offer “impartial advice” are doing anything but. You need to be aware of the financial implications that a Scottish Trust Deed will bring 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 Trust Deeds and to build a resource to help future debtors.

A Trust Deed forum with up-to-date, expert advice

On this website you will find our industry leading Trust Deed forum. If you have a question regarding Protected Trust Deeds then please join the Trust Deed forum and speak directly with debt experts. A number of experienced industry insiders take part in daily discussions, offering advice to participants. What better way to find out everything you need to know regarding debt than to spend some time in our Trust Deed forum? You can also call the trust deed advice line on 0800 043 7201 or get in touch using one of the contact forms on the site.

Trust Deed Scotland Key Facts

If you proceed with a protected trust deed Scotland, the debt arrangement scheme, sequestration or certain debt management plans, fees will apply. For further details about trust deed, debt arrangement scheme, sequestration and DMP 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 and Scottish trust deed 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 a trust deed Scotland might result in your sequestration or a refusal to discharge you from the trust deed.