Many people who are looking for a debt solution in Scotland have no idea how lucky they are. Not only is there a unique solution called the Debt Payment Programme available, which ensures complete protection from all creditor action and frozen interest and charges, but there is also a solution called the Trust Deed, which is like a Scottish version of the popular IVA, which is only available in England, Ireland and Wales. The Trust Deed in particular is an excellent solution because not only does it include all the benefits of the Debt Payment Programme mentioned above, it also has a time limit which is usually three years. After this time, having paid whatever you can realistically afford, the remaining debt is completely written off and you can move on with your life. You are able to keep your job and assets, too. Want to find out more? Contact us.

If you are finding yourself struggling with unmanageable debt and you are domicile in Scotland, it would be wise to consider seriously receiving Trust Deed advice. This is a solution that can help you get out of debt in a quick and honourable fashion, while keeping control of your assets and reputation. In the Trust Deed arrangement, all you need to do is make affordable monthly payments for three years, then the rest of the debt is written off. The monthly contributions are based on a realistic assessment of your income and expenditure, so you can be sure that the level of the payments will be manageable and fair, so long as your lifestyle is reasonable. All interest and charges are frozen as soon as you start the Trust Deed, and what’s more the creditors will be prevented from contacting you again by law; any communication relevant to your debt and Trust Deed will be channelled via the Insolvency Practitioner, who is the specialist Accountant responsible for proposing, managing and concluding your Trust Deed.