Scottish Trust Deeds are the Scottish equivalent of an IVA (individual voluntary arrangement). Though technically an informal agreement, Scottish Trust Deeds are regulated.
Before heading into a deed agreement, you should get as much Scottish Trust Deed information as possible.
The information you need on Trust Deeds
A Scottish Trust Deed is only available to those who can prove that they cannot afford to make their normal monthly debt repayments.
Meeting with a Scottish Trust Deed trustee can help you fully understand your debts and give you more information on what a Scottish Trust Deed can mean for you.
Finding the right information on Scottish Trust Deeds can help you understand what options are open to you. If you're interested in a similar IVA programme, you can find it here.
To fully understand Scottish Trust Deeds, read up on the history of The Enterprise Act 2002 and the Administration of Justice Act 1970.
Legal Advice Helpline has Scottish Trust Deed information that can help you learn more about your debt options.
Options through Legal Advice Helpline
A Scottish Trust Deed could be your answer to getting out of debt.
For Scottish Trust Deed information, contact Legal Advice Helpline to get more advice on the matter.
For more on how to get a Scottish Trust Deed and Scottish Trust Deed orders, we have the information you might be looking for.
If you're looking for other options, Legal Advice Helpline also has debt management information on debt consolidation loans and remortgaging.