Trust Deeds in Scotland are only available to residents who currently live in or have lived in Scotland within the last 12 months, or have a place of business in Scotland.
You typically have at least £5,000 of unsecured debt and example unsecured debts such as credit card debts, council tax arrears, bank overdrafts, and personal loans.
If you want to find out if you’d qualify for a Trust Deed or alternative Scottish debt solutions; use our Trust Deed Wizard® tool.
If you are based in England, Wales or Northern Ireland and have not lived in Scotland in the last 12 months, then other debt solutions exist such as an IVA or a Debt Relief Order. These may be more suitable for you depending on your circumstances as those debt solutions are only available for residents of those countries.