Trust Deed is a formal arrangement for residents of Scotland and works similar to an IVA.
The agreement is entered in to with the creditors to pay back a portion of the debt of an agreed period (usually three years) the balance of the debt is written off.
Trust deed is far better than bankruptcy, your name does not have to be published in the newspaper, it does not stop you from holding public office and should not interfere with employment prospects.
If you would like to know if you qualify for Trust Deed complete the form below, your details will be assessed and you will receive an email within 15 minutes regarding the available options. |