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Latest 10 Forum Posts
Forum Post		Author
	ok will call trustee monday thankyou	lulibet1
	Hi teejenny. Re the overdraft, for a sum t	Trust Deed Assistant
	Hi. I was really referring to Kevin's comm	Trust Deed Assistant
	Hi there. Have you tried Co-op Cashminder,	Trust Deed Assistant
	Porcupine, TDA said that rent arrears shoul	saabrina
	Hi, Thanks for all the advice ! Spent most	teejenny
	Saabrina..... Your Housing Officer has sim	Porcupine
	Hi Bankidonnie The link that TDA posted wa	saabrina
	yes but it charges monthly fee really would l	lulibet1
	Hi bankiedonnie. I don't think we can tell	Trust Deed Assistant

Current Forum Topics
Forum Post		Author
	Unadvised Capped rate - mortgage payout	DontDoDebt
	life insurance	sunflower1
	ppi claim with trust deed	lulibet1
	Clarification at end of TD	leeper1974
	Getting utilities when in a TD	Bee
	overdraft woes	teejenny
	Dealing With Extensions	balamb
	The "Tonight" programme	boys1211
	What would happen if your TD Trustee, went bust?	leeper1974
	rent arrears	bankiedonnie

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
	Trust Deeds Advisers and Mental Incapacity	27th January 2012
	Co-op Bank and your Trust Deed	23rd January 2012
	Predictions for Trust Deeds and Sequestrations in 2012	18th January 2012
	Trust Deeds and Credit Union Membership	16th January 2012
	Expert predictions of higher protected trust deed	14th January 2012
	Payday loans, credit rating and trust deeds	5th January 2012
	Facing a Scottish trust deed? Here’s some pre-advice	3rd January 2012
	Is a Scottish trust deed an option if you’re in the Armed	28th December 2011
	A New Year trust deed checklist	28th December 2011
	Would you like an overdraft with an 800,000%	22nd December 2011

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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.