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 maximum fixed repayment period of 36 months
  • 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.

lewis alexander debt management

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

Comments are closed.

Go To Top »
Please be aware that by entering into any debt consolidation service your credit record may also be impaired. The personal debt and the period over which it is repaid may increase. Lewis Alexander Limited is licensed under the Consumer Credit Act in the UK. © Lewis Alexander ® 2003-2010 | Registered in England UK: 4668712 | Consumer Credit License: 534049 | Data Protection Reg: Z7660931