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Speak to one of our specialist advisors on        0141 326 0394

Call our debtline free on

0141 326 0394

  • Lower your monthly payments
  • Stop creditor pressure
  • Write off debts you can't afford

How we can help you

Over 14,500

people in Scotland we've helped so far

2,350

Trust Deeds in the past year

Over 1 million

in funds distributed to creditors each month

50% average

reduction in monthly payments

 

Debt Solution Finder

Please select the total sum of your debt

Less than £5,000
£5,000 - £20,000
More than £20,000

How many creditors do you have?

Less than 2
2 or more

What type of property do you live in?

Owned
Rented
Private Rented
Living with parents

Great news!

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What our customers say about us

What is a Trust Deed?

A Protected Trust Deed in Scotland is a formal, legally binding arrangement between an individual and their creditors which lasts for a period of 4 years although a longer period can be considered. It is a legal agreement which can only be carried out through a licensed Insolvency Practitioner (IP) who will act as the Trustee. It is only available to residents of Scotland and is designed to help individuals who are unable to repay their debts (more than £5,000). At the end of the period any remaining debt is written off by creditors, subject to some exceptions. Another option available to Scottish residents is a DAS (Debt Arrangement Scheme) which freezes interest on your debts and protects your home and car. If you are based in England or Wales an IVA may be suitable alternative.

A Scottish Trust Deed reduces unaffordable multiple payments to creditors to a single affordable monthly payment to the Trustee. It offers protection from creditors taking legal action against you, and protects your home and car from repossession.

Example of How We Can Help

See how a Trust Deed could help you with this simple example to consolidate all unsecured debts into one smaller monthly payment and write off unaffordable debt.

Example Unsecured Debt
Loan£15,069
Loan£2,226
Loan£302
Credit card£2,395
Credit card£1,296
Council£86
Payday loan£473
Total owed£21,847

Customer repayments before & after a TD

Before a TD

£350

(TOTAL CONTRACTUAL REPAYMENTS)
After a TD

£153

(TOTAL CONTRACTUAL REPAYMENTS)

* monthly payments are based on individual financial circumstances

Types of debt we help with

Credit Cards
Payday Loans
Overdrafts
Store Cards
Personal Loans
Council Tax Arrears
Catalogues
Unsecured Car Finance