A Trust Deed is an effective statutory debt solution for residents of Scotland who have unaffordable debts.
If you qualify for a Trust Deed, you will pay a regular, affordable amount towards your debts and any debt left after the fixed term has ended will be written off.
The standard length for a Trust Deed term is 4 years, however, Trust Deeds may not be the best solution for everyone. There are other alternative ways of resolving personal debt issues in Scotland including the Debt Arrangement Scheme (DAS).
If you want to learn more about whether a Trust Deed is a good idea, call Trust Deed Scotland on 0141 221 0999 for tailored debt advice today.