Information Centre
Debt Help for Scotland with a Protected Trust DeedThousands 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 [...]
Read more : Debt Help for Scotland with a Protected Trust DeedHow 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 [...]
Read more : How do I find the best Trust Deed CompanyWho 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 [...]
Read more : Who is the TrusteeWhat 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 [...]
Read more : What can I do if I don’t qualify for a Protected Trust DeedWhat 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, [...]
Read more : What can I do if my Trust Deed fails to become ProtectedCan 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 [...]
Read more : Can I cancel a Trust Deed once it is set upWill 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 [...]
Read more : Will a Protected Trust Deed prevent my creditors from taking legal action against meWhat 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 [...]
Read more : What happens if I can afford to increase my paymentsWhat 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 [...]
Read more : What happens if I can’t keep up with my Protected Trust Deed paymentsWhat 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. [...]
Read more : What debts can’t I include in my Protected Trust Deed
