A Trust Deed is a voluntary but formal arrangement that is available to Scottish residents.   It helps individuals in debt agree to pay only what they can afford from their disposable income (your income after accounting for household expenditure).

In return, your lenders (known as creditors) will freeze all interest and charges and then write off any remaining debt at the end of the agreement.  The amount of debt written-off can be up to 90%.

A trust deed is created based on what you can afford to pay back and the total you owe to your creditors.

The typical length of time for a Scottish Trust Deed is 48 months and even those individuals who do not have much additional money left available each month can pay off their debts without paying any interest that has accumulated.

There are many benefits of a trust deed; your creditors will no longer be able to contact you, you need not worry about passing any credit checks and you do not have to worry about any setup fees.

A trust deed is a formal insolvency and a serious legal undertaking.  This is why you need to speak to a qualified, licensed and experienced company like HJS Recovery before entering into such agreement.

Call now on 0800 0141 130 to arrange for a free confidential discussion.