IVA

Why a Trust Deed?

Trust Deeds are a new form of legislation from the Scottish government which aids Scots in their fight to clear their debt. The option is much better than bunkruptcy or an IVA, in that, the end of your three year term, you can start applying for finance with no adverse effect on your credit history. Many people in Scotland have found Trust Deeds to be a life changing experience. Many are hundreds of pounds better off every month and can testify to this legal process that has saved them from bankruptcy.

How can your trust deed service be free?

Simple. Your creditors are actually desperate for you money, and most will happily settle on a smaller amount than get nothing at all. With our arrangement, your creditors will pay us a small fee to get things up and running while giving them 30% of what they're due every month. For most creditors during the financial crisis, the terms in a scottish trust deed are good. Many businesses have been struggling during this tough period, so most are willing to settle for less.