Trust Deeds

A Trust Deed (otherwise known as a Protected Trust Deed or a PTD) is only available for residents in Scotland and it is similar to an IVA. It is a legally governed procedure for those who find themselves in serious debt problems and cannot make their monthly creditor payments.

If you are looking to become debt free then a Trust Deed could be your answer. You pay back an agreed amount over 36 months and any unpaid debt is written off at the end of the agreement.

Your Trust Deed will mean that:
•    All unaffordable debt is written off.
•    One monthly payment tailored to your circumstances.
•    Average fixed payment period of 36 months.
•    No more interest or charges added to current debt.
•    No need to deal with your creditors, as we will do this for you.

Am I Eligible for a Trust Deed?

To find out whether a Trust Deed is a suitable solution for your debt problems, call our professional Debt Free Advisors on 0808 131 0039.

Not sure if a Trust Deed is the right Debt Free solution for you? Take the Debt Free Test to see your best debt solution.

Please Note: A Trust Deed is only available to residents in Scotland. Other parts of the UK are serviced by an IVA.

Entering into an IVA may adversely affect your credit rating for up to six years from the date of approval.

Your property will be protected within an IVA but you may be required to release all or part of any equity during the period of the arrangement.

Failure to complete the term of an IVA can result in bankruptcy.

(In Scotland, a PTD is the equivalent to an IVA.)