Trust Deed Articles

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Trust Deed

What happens if you miss a payment on your Trust Deed?

If you're in a Trust Deed and your financial circumstances have changed, you may be worried about what happens if you can't keep up with your monthly payments.

Trust Deed

What's the difference between an IVA and a Trust Deed in Scotland?

If you live in Scotland and you've been looking into ways to deal with unmanageable debt, you may have come across the term Individual Voluntary Arrangement (IVA).

Trust Deed

Can you pay off a trust deed early?

A trust deed is a formal debt solution for people in Scotland who are in unmanageable debt. It helps them to escape the relentless creditor pressure that can be experienced in this situation, and allo...

Trust Deed

Can creditors contact me when I am in a trust deed?

Less serious than sequestration (bankruptcy), a trust deed is a formal payment plan which allows you to take control of your debts in an affordable manner.

Trust Deed

Will all my debts be covered by a Trust Deed?

If you live in Scotland and have at least £5,000 of unsecured debt that you cannot pay, a Trust Deed is a powerful debt solution to help you get back on track.

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Trust Deed

What is the role of the Trustee in a Trust Deed?

If you’re struggling with unmanageable debt problems in Scotland, a Trust Deed can provide a route towards a brighter future.

Trust Deed

Can a Trust Deed affect my job or employment status?

Whether being in debt affects an employment contract is a serious concern for many people.

Trust Deed

Can I include benefit overpayments in a trust deed?

Benefit overpayments – even if they were caused due to an error by the DWP – are debts that need to be paid back just like any other.

Trust Deed

How much does a Trust Deed cost?

A Trust Deed can be a great way to manage personal debts which have spiralled out of control. As part of a Trust Deed you will be asked to make a monthly contribution towards your debts which will cov...

Trust Deed

Pros and cons of a Trust Deed

A Trust Deed can be a viable alternative to sequestration for individuals in Scotland with unmanageable and unsecured debts of over £5,000.

Trust Deed

Will I Lose My Home If I Enter Into a Trust Deed?

If you’re having difficulty paying your debts and have assets or a regular income, you may qualify for a Trust Deed.

Trust Deed

What do the new Trust Deed 3 day cooling off period changes mean for you?

Cooling off periods are common for most goods and services, particularly those which are purchased online that you haven’t seen in person.