Is a trust deed right for you?
Trust Deeds are designed for residents of Scotland who are struggling with serious debt problems.
By talking to one of our Financial Solutions Advisors, we will be able to discuss whether a Trust Deed is right for you. We offer a range of debt solutions though they are not suitable for all.
Trust Deeds are typically designed for those who:
− are unable to meet the monthly repayments of their debts
− owe significant amounts on unsecured debts (usually £10,000 or more)
− owe money to multiple creditors
− have a reliable income
− can commit to making a regular payment to their creditors over a three year period
By taking out a Trust Deed you must be prepared to:
− remortgage your property (if applicable) to release the equity
− pay extra towards your debts if your earnings increase
− not take out further credit whilst the your Trust Deed is running
− adhere to the terms set out in the Trust Deed, or face sequestration
− sell valuable assets
Call one of our Financial Solutions Advisors on 0800 who will be able to provide you with debt advice and assistance to determine whether a Trust Deed is the right solution for your debt problems.
