Do you Qualify?

Trust Deeds

Crucial FAQs about Trust Deeds

 

A Trust Deed provides an excellent solution to many people who have continuing debt problems. For those who live in Scotland, it offers a path out of the debt spiral, and can lead to the peace of mind that once seemed impossible to achieve. After a period of time, unaffordable debts can be written off completely.

 

If you are eligible for a Trust Deed, Personal Debt Support can help you through the application process and will stay with you throughout the whole journey. There are times when you might have felt isolated and vulnerable because of your debt problems, but we’re here right now, ready and waiting to help.

No. In fact, a Trust Deed is a very viable alternative to Bankruptcy, or Sequestration in Scotland. It’s designed for those who cannot afford to pay their existing commitments, and it enables you to combine your debt repayments into one affordable payment. It usually lasts for four years.

There are a number of criteria to qualify, the main one being that your unsecured debts have to exceed £5,000. If it’s deemed that you won’t be able to pay those debts in the allotted time, a Trust Deed may just be the way forward. The team at Personal Debt Support can advise you on your eligibility.
DRO

Yes. There are several debt solution programmes available these days. They include the Individual Voluntary Agreement (IVA), the Debt Relief Order (DRO) and the debt Arrangement Scheme. PDS can point you towards the ones that will match your situation.

For more information about the advantages and disadvantages of a Trust Deed, call Personal Debt Support on 0141 380 0578. We hope to hear from you soon.

DEBTS?

Sign up to our Newsletter

I have read and agree to the terms & conditions
© 2020 Web Design by: Purple Imp

Hi, Paul Here. Don’t worry, this won’t take long.

By the time we’re finished you’ll know if there is a solution to help you with your debt.

Lets start with your name

Please enter your name:

Thank you .

If you were to estimate your debt level, how much would you say you roughly owe?

Choose your amount of Debt:




Next

OK , so your looking for a solution for around £.

Before we continue, I need to check that you agree to our Privacy Policy ?

Do you agree?

Great thank you for agreeing.

Just to make you aware, our service is completely free of charge, from information you supply we can advise you on possible solutions in which you can make your own informed decision.

Some of the options we will make you aware of could allow you to write off a large proportion of the debt you owe, so you’ve come to the right place.

How many creditors do you owe money to?

Number of creditors

Next

Thanks

What kind of creditors do you have?

Types of creditors:
Hold Ctrl to select multiple

Next

I really appreciate you giving me this information – it will help in finding you the right solution

How much roughly do you pay towards your debt at the moment?

Employment status:

Next

Thanks. Don't worry, we are nearly finished.

, what part of the country do you live in?

Country:

Next

Well, the good news is there is solutions available for you!

Can I have your email address?

Email Address:

Thanks

And the best phone number to contact you on?

Contact details: