Scottish Debt Help
With over 5,000 five star reviews, Trust Deed Scotland® is the leading Scottish debt solutions company on Trustpilot.
Check if you QualifyWith over 5,000 five star reviews, Trust Deed Scotland® is the leading Scottish debt solutions company on Trustpilot.
Check if you QualifyDo something about your debt today, so you can stop worrying about it tomorrow.
Trust Deed Scotland® have helped over 25,000 Scottish residents use regulated, formal Scottish debt solutions, to reduce their monthly payments and write off up to 70% of their unaffordable debt*.
Personal Loan
£10,000
Credit Cards
£6,000
Store Cards
£1,600
Council Tax Arrears
£1,200
Total Owed £18,800
Before
£450
After
£175
Reduced by
61%
* Subject to creditor acceptance. Payment subject to individual circumstances. Credit rating may be affected
The qualifying criteria to enter into a Protected Trust Deed is as follows:
If you qualify and decide that the Protected Trust Deed is the right solution for you, then you will sign all the relevant paperwork and your Trustee will attempt to have the Trust Deed protected.
By obtaining protected status, this means that your creditors cannot take legal action against you for recovery of their debts.
To achieve protected status, the Trustee must not receive objections from a majority in number of creditors or from any creditor(s) owed more than one third in value of the total debt.
Once protected, the Trustee’s main duty is to collect your income contributions, realise your assets and make the agreed payment to your creditors. Your agreed contribution is subject to review at least annually, or at any time if you experience a change in circumstances.
At the end of the agreed payment period (normally 48 months), your Trustee will make the final payment to your creditors and process your discharge. Once discharged, your remaining debts are legally written off and your Protected Trust Deed is complete!
Contact an experienced debt adviser at Harper McDermott to find out more about Debt Help in Scotland available to you.
We are here to help you decide the best course of action to suit your individual needs and support you every step of the way. If you would like a fresh start, get in touch today on 01412210999.