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Trust Deed

Trust Deed

A Scottish Trust Deed can help you get out of debt in 48 months. The agreement can help reduce your monthly payments and prevent creditors taking legal action.

Debt Arrangement Scheme

Debt Arrangement Scheme

A Debt Arrangement Scheme allows you to freeze and discount interests, penalties and charges. Like a Trust Deed, it can protect you from creditors taking legal action.

Bankruptcy

Bankruptcy

Also known as sequestration in Scotland, bankruptcy is a legal procedure which acknowledges that you can no longer afford to pay back your debts and prevents creditors from pursuing the money owed. The debt is eventually written off.