Protected Trust Deed
What's A Deed Of Trust?
A Deed of Trust, also known as a Declaration Of Trust is a legal agreement. Most noteworthy it specifies how a property is held between joint owners.
Debt Management Scotland
Unlike a Trust Deed there's no public register for those on a DMP. Although DMPs do not give you as much legal protection as a trust deed does.
Scottish Trust Deed
Scottish Trust Deeds can reduce multiple payments to creditors to just one single payment. Most of all it offers people protection from their debtors.
Protected Trust Deed Advice
Our debt advice team can help you understand if you qualify for this Scottish debt solution. Hence the reason we can you become debt free.
What Is A Protected Trust Deed?
A Protected Trust Deed is a formal government backed arrangement, available to residents of Scotland. It’s a legally binding agreement to pay back your unsecured creditors at a rate you can afford. Monthly instalments are usually made over four years, but this can be longer. At the end of the arrangement, the remainder of your debt is written off. During the Trust Deed, any interest or fees on your debts are frozen at the date of commencement. Once a Trust Deed comes into effect, creditors should no longer contact you. And as long as you stick to your Trust Deed agreement, creditors can no longer take legal action against you.
Debt Advice Scotland
Trust Deed Scotland
Considering Trust Deed
Mortgage With Trust Deed
Protected Trust Deed Scotland
A Protected Trust Deed and Sequestration are only available to residents in Scotland. Trust Deeds are designed to help pay off unsecured debts. This is done in manageable monthly amounts and is paid for typically 4 years. Whether your debts have happened through no fault of your own or self inflicted, it makes no difference to us. Free Debt Helpline offer Scotland Debt Solutions for those who are in financial hardship and we will help. There’re a number of debt management solutions that may benefit you if you have a low level of debt. Also there may be more effective solutions available in Scotland, if you’ve got over a certain debt level.