Debt Help
A Trust Deed is only available to residents in Scotland and is similar to an IVA that is available in England, Wales and Northern Ireland.


Trust Deeds enable those who cannot pay their existing debts a way of establishing a monthly payment scheme based on your ability to repay your existing debts. A Trust Deed will normally last 3 years although there are some exceptions to this. When the Trust Deed period comes to an end then any remaining debts that exist are considered to be written off.






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More information about debt management and advice:


Write off all the debt you cannot afford and avoid legal action. Government legislation that helps you clear your debt in 60 months.
Lower your monthly payments on your existing debt with one affordable monthly payment plan. Hassle free and flexible plans for if your situation changes.
Bankruptcy is a consideration if you simply cannot pay debts that you owe and you have already considered Debt Management and an IVA.
A Trust Deed is a legal process only available to residents in Scotland and offers an alternative to bankruptcy.
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