This was set up by the Government to help people in Scotland struggling with financial difficulties. If you qualify for a Trust Deed, we will refer you to a qualified Insolvency Practitioner who acts as the Trustee.
Protected Trust Deeds are legally binding contracts between both you and your creditors. As long as you keep up with the agreed payments, you will become debt free at the end of the arrangement, which is usually no more than 48 months. It will also prevent any further action being taken against you.