Trust Deed
A trust deed is a legally binding financial agreement between a person and their creditors. Similar in scope and terms to IVAs in England, Wales and Northern Ireland, trust deeds are only available to people living in Scotland.
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A Scottish trust deed involves your financial situation being assessed by a debt advisor or a licensed Insolvency Practitioner who serves as a Trustee of your debt and whom will act as an intermediate between you and your creditors. In general, a trust deed is available to anyone who is currently living in Scotland or who has lived there in the previous 12 months running up to the time an application is made.
You must:
Simply complete the form to see if you qualify for any of the available debt solutions.
A friendly & experienced advisor from DSD will contact you to discuss yourc ircumstances.
They will explain all your options, so that you can decide which solution works best for you!
An advisor will talk through options and help you make the decision.
Free and impartial money advice is available from the Money Helper, an organisation set up by the Goverment for people in debt.