Trust Deeds in Scotland are only available to residents who have lived in Scotland for at least six months before they apply. You would typically have at least £5,000 of unsecured debts to qualify.
This may include example unsecured debts such as credit card debts, bank overdrafts, and unsecured 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 which may be more suitable for you as those debt solutions are only available for residents of those countries.