What can a Trust Deed do for you?

Trust Deeds were introduced by the Scottish government in 1985, and have been providing a way for Scots to get a hold on their finances ever since. You could be spending hundreds of pounds every single month on debt repayments that you cannot afford. Entering a trust deeds rids you of your debt worries by allowing you to pay one single payment each month at a manageable level.

• Did you know that a Scottish Trust Deed could:
• Prevent you receiving any further penalty fees and interest charges?
• Reduce your monthly debt repayments?
• Write off a percentage of your debt?
• Provide you with a debt-free life within 36 months?

Welcome to Trust-Deed.com, we are a Scottish award-winning trust deed provider, with the knowledge and experience to help you find your way out of debt.

Over the years we have managed to help thousands of consumers arrange Trust Deeds, and provide them with a new lease on life. If you require professional assistance or someone to act as a Trustee, we should be your number one choice.

Trust deeds are just one of the debt solutions available to Scottish residents, but in a vast number of cases, they are the most appropriate and most affordable option. If you can’t continue with your current payment arrangements, a Trust Deed may be able to help by:

• Writing off a large percentage of your debt
• Making you debt free within three years
• Preventing you from receiving further interest charges or penalty fees
• Avoid bankruptcy or sequestration

It is important to remember that no debt problem is unsolvable, and if you owe more than £10,000 we can help you get your life back on track. With our expert guidance and support you could be living a debt-free life in just three years.

We are trying to help you repay what you owe, not cause further financial difficulties, which is exactly why we always consider your income, household bills, and other necessary expenses. A Trust Deed can reduce your monthly debt repayments to a level you are comfortable with and can maintain for the term of the trust deed.

Trust deeds are formal, but voluntary arrangements, and as such your creditors are not obliged to agree to the proposal put forward by your Trustee. However, lenders are incredibly realistic and understand that by forcing demands they are usually less likely to recover their money. Your creditors will consider the likelihood of getting their money via the Trust Deed and other ways, then come to an agreement.

In the majority of cases, creditors are willing to enter the Trust Deed, and we will only put forward a proposal if we feel that your creditors are likely to accept the offer. Having worked with thousands of people struggling with debt over the years, we know what creditors are looking for, and will never put you in jeopardy. We will also be sure to discuss with you all the pros and cons of trust deeds, including what happens if your Trust Deed is rejected.

If you are finding it difficult to maintain your current commitments, or have already fallen behind with payments, get in touch with Trust-Deed.com today. You can call us for a chat on 0800 033 7082 or apply for a trust deed using the form on our contact page.

Don’t bury your head in the sand, asking for professional help is not admitting defeat, but taking the first step to a debt-free future.

Want to know more about Trust Deeds?

No problem. The specialists at Trust-Deeds.com are on hand to help you and provide answers to all of your questions. Here are some of the most common questions people have about Trust Deeds.

How much does a Trust Deed cost?
As trust deeds were introduced to help you get out of debt, the last thing we want to do is make things worse. Entering a trust deed won’t cost you a penny, in fact it will reduce the amount you pay monthly, and the amount you pay towards your debt overall.

Together we will come to an agreement about the amount you can afford to repay each month, a proportion of this payment will go to Trust-Deeds.com for managing the arrangement on your behalf. In effect your creditors are agreeing to receive a lesser amount in order to accommodate our payments, therefore it costs you nothing.

How long will it take?
The entire process from the point you make contact with us usually takes around 6-7 weeks at most. It takes a few weeks to come to a suitable agreement and decide on a monthly payment and draft the proposal, then it can take two weeks for your creditors to give their approval. It all happens pretty quickly, and once granted protected status, your lenders are no longer legally allowed to harass you for payments.

How do I apply for a trust deed?
To apply for a trust deed, complete the form on the right hand side of the page or give us a call on 0800 033 7082 to speak to an advisor.