An Trust Deed will negatively affect your credit rating. How long will the affects last? Can I use any credit during an IVA? Will I ever be able to get a mortgage?
A Trust Deed has both advantages and disadvantages. What are the main advantages? What are the main disadvantages?
Trust Deeds are only available for people who are currently living in Scotland (or have lived in Scotland sometime during the last year). If you are currently living in Scotland but when you originally borrowed the money that you owe you were living elsewhere, this does not matter. You now fall under the jurisdiction of […]
Key advice which you should consider before deciding to start a Trust Deed
A Trust Deed is one of the key debt management solutions available for people living in Scotland. It is a legally binding agreement between you and your creditors in which you agree to repay part of what you owe. This repayment is normally in the form of regular monthly payments from your income which normally last […]
A Trust Deed is one of the debt management solutions available if you are living in Scotland. It is a formal agreement with your unsecured creditors to settle your debt over a fixed period of normally 4 years (although this period could be extended in certain circumstances). If you are struggling to pay the debt […]