According to the latest Scottish government statistics, every 40 minutes someone uses a formal debt solution in Scotland to write off all, or part of their debt… or just repay what they owe with no more interest or charges.
The three main formal debt solutions in Scotland are Protected Trust Deeds, the Debt Arrangement Scheme (DAS) and Sequestration.
Some other informal debt solutions exist such as Debt Management Plans but aren’t included in the statistics.
Debt Advice in Scotland
Trust Deed Scotland® is the No.1 debt solutions provider in Scotland in 2024, specialising in setting up Trust Deeds and the Debt Arrangement Scheme and also giving tailored debt advice on all alternative solutions including Sequestration (the Scottish equivalent of Bankruptcy).
98.6% of our proposed Trust Deeds gain protection status last year – making us No.1 in Scotland¹.
99.8% of our proposed Debt Payment Programmes (DPPs) under the Debt Arrangement Scheme are approved by creditors².
The latest statistics for 2024 show that this year, Trust Deed Scotland® have helped more people enter into one of these formal debt solutions than any other Scottish debt help company.
Trust is Everything
Since 2009, we have given over 30,000 people Scottish debt advice. You can trust us to recommend the best solution for you too.
As an employee-owned company, Trust Deed Scotland® truly care about providing outstanding service throughout our customers’ debt help journey. Ensuring the best outcome for our customers is of the utmost importance to our staff.
This care for our customers is reflected in our TrustPilot and Google reviews. With over 10,000 5-star TrustPilot reviews, we have more 5-star reviews on TrustPilot than all other Trust Deed providers combined.
98.1% of our customers rated our service as Excellent on TrustPilot³.
“Val has supported us through the process in an extremely understanding, professional, and empathic way.
There is no judgement, each member of the team helps provide information to allow you to assess which debt plan is appropriate for you.
Thank you very much for all of your help Val, we urge anyone who is experiencing debt issues to please don’t hesitate to contact Trust Deed Scotland.
I will certainly sleep better tonight thanks to Val and the team.”
Pamela
“I would just like to say thank you to Soreena and the team at Trust Deed Scotland for everything they/she has done for me and my family.
The first step is the worst but with compassion and understanding she put my mind at ease and talked me through every step and assured me they/she where there to help, she was like a guardian angel for me and can’t thank her enough for that.”
Steve
“I have to say a huge thank you to Matthew for being so caring and understanding.
I suffer from mental health issues and was really upset about having to go through all this but Matthew made the process easy to understand and assured me every step of the way.
I felt so embarrassed about getting into debt but Matthew made me feel so much more relaxed and he explained everything to me in an understandable way.
I now feel a weight has been lifted from me.”
Carol
Get Debt Help Today
Many people across Scotland are struggling to make ends meet. If you are in need of debt advice, you are not alone.
As the No.1 debt solutions provider in Scotland, Trust Deed Scotland® advise people on the available Scottish debt solutions and our team of experienced debt advisers will talk you through your options so that you can make the best choice for you based on your affordability, lifestyle and needs.
There is no obligation to go forward with a debt solution during your call with us. We are happy to provide you with the information to help you make the most informed decision for your future finances.
We advise, you decide. So don’t delay, get in touch today.
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. ³Reviews collected between October 2012 and March 2024, a total number of 9,318 reviews were received, 9,138 people rated us as ‘excellent’. A further 162 people rated our service as ‘great’.