Information Centre

Debt Help for Scotland with a Protected Trust Deed

Thousands of Scots have found the economic downturn has affected their ability to maintain their financial commitments. The ‘Credit Crunch’ has thrown many households’ finances into a downward spiral, as [...]

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How do I find the best Trust Deed Company

Making sure you find the best company to propose your Trust Deed is the first and, possibly, the most important part of the application process. It is essential that all [...]

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Who is the Trustee

The Trustee is the name given to the person that is legally assigned to the supervising of the Trust Deed. The Trustee’s first task is to ensure that the Trust [...]

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What can I do if I don’t qualify for a Protected Trust Deed

Of course there will sometimes be instances which dictate that a Protected Trust Deed is not a viable solution. When this happens it becomes necessary to explore the alternative available [...]

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What can I do if my Trust Deed fails to become Protected

Although rare, there is always a possibility that your creditors will reject your proposed Trust Deed. This means they refuse to allow your Trust Deed to become Protected and, therefore, [...]

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Can I cancel a Trust Deed once it is set up

Unfortunately, the answer to this question is no. You cannot just cancel your Trust Deed once it has been set up. A Trust Deed is a legally binding agreement, and [...]

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Will a Protected Trust Deed prevent my creditors from taking legal action against me

Prior to entering into a Trust Deed, it is likely that the Trust Deed applicant has been under some extreme creditor pressure. Quite often this pressure can manifest itself as [...]

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What happens if I can afford to increase my payments

As we all know, financial circumstances can change. Just because you enter into a Protected Trust Deed it doesn’t mean your circumstances will stay the same for the full 36 [...]

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What happens if I can’t keep up with my Protected Trust Deed payments

Entering into a Protected Trust Deed should give stability to anyone who is experiencing financial pressures from their creditors. This is because creditors are not allowed to make demands on [...]

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What debts can’t I include in my Protected Trust Deed

A Protected Trust Deed is designed to help a person suffering with a severe debt problem. However, not all debts are considered equal in the eye’s of the Insolvency Laws. [...]

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