Protected Trust Deeds in Scotland

Tust Deed

A Protected Trust Deed in Scotland is the Scottish equivalent of an IVA in England.

  • A Scottish Trust Deed has a fixed repayment period of 48 months or 4 years.
  • Trust Deeds protect from court action and this is guaranteed by creditors.

Your Trust Deed will be recorded on your credit file. This means that you will not be able to take further unsecured borrowing whilst your Trust Deed is in place.One free call

During the proposal of your Trust Deed, you may be requested to release available equity from any property that you own to increase the overall Trust Deed settlement offer to your creditors.

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For further information regarding personal debt help in Scotland, please call our personal debt helpline in confidence using 0800 018 6868

 
Please be aware that by entering into any debt consolidation service your credit record may be impaired. The personal debt and the period over which it is repaid may also increase. Lewis Alexander Limited is licensed by the Financial Conduct Authority in the UK. © Lewis Alexander ® 2003-2015 | Registered in England UK: 4668712 | FCA Registration / License: 534049 | Data Protection Reg: Z7660931