Trust Deed – How It Works
You could write off up to 60% of your debts upon completion. Scotland Only
Trust Deed Benefits Include
- Reduced monthly repayment – one single affordable monthly payment, pay what you can afford
- Reduced charges – interest rates and charges will be frozen
- Negotiate with your creditors on your behalf – all letters, phone calls and negotiations handled so you no longer have to deal with the stress
Also...
- Normally debt free in 3 years
- No further action taken by creditors or courts
- Employment unaffected
- Not public knowledge – private arrangement between you and your creditors
Your Trust Deed Queries Answered
Is this a loan?
The advisors will consolidate your debt to one affordable repayment without money the need to take out further credit
How much will this cost me?
Based on your individual circumstances and the advisor you choose this can vary but on average a Trust Deed plan can cost as little as £200 per month.
How long will the plan last?
Most Trust Deeds last around 3 years. This depends entirely on how much you owe and can afford to pay on a monthly basis. Tailored to your own needs
Will my creditors accept?
The advisors have helped negotiate 1000’s of Trust Deeds so more than likely have dealt with your creditors previously and know the preferred route to take, so your debt problems can be solved quickly
