Trust Deeds

A Trust Deed (otherwise known as a Protected Trust Deed or a PTD) is only available for residents in Scotland and it is similar to an IVA. You pay back an agreed amount over 36 months and any unpaid debt is written off at the end of the agreement.

Am I Suitable for a Trust Deed?

To find out whether a Trust Deed is a suitable solution for your debt problems, call our professional advisors on 0808 131 9107, or leave your contact details in our online Debt Wizard form so we can call you.

Entering into an IVA may adversely affect your credit rating for up to six years from the date of approval.

Your property will be protected within an IVA but you may be required to release all or part of any equity during the period of the arrangement.

Failure to complete the term of an IVA can result in bankruptcy.

(In Scotland, a PTD is the equivalent to an IVA.)