98.6% of our proposed Trust Deeds became Protected in 2023.
Trust Deed Scotland® is the best performing volume of Protected Deeds in Scotland¹. The protection rate varies from company to company and when trying to find a Trust Deed company there are other factors you should consider including the number of independent reviews they have.
Also worth noting that 99.8% of our proposed Debt Payment Programmes (DPPs) under the Debt Arrangement Scheme are approved by creditors².
¹In 2023, we achieved a protection rate of 98.6%, this made us the best performing volume provider of Protected Trust Deeds in Scotland. Trust Deeds advertised between 01/01/23 and 31/12/23.²In this sample of 2,839 Debt Payment Programmes (DPPs) under the Debt Arrangement Scheme (DAS), approved between January 2021 and December 2023, only 7 proposed DPP were rejected and unable to proceed.