If you live in Scotland and are facing debt problems you may
have heard about a debt solution called a Trust Deed. It can
be difficult to find a Trust Deed expert, however at Debt Support
Trust we provide you with caring and friendly debt help to ensure
you are receiving the best quality support.
Debt Support Trust is a registered charity. We review your
income and expenditure and provide you with all available debt
solutions to help you make an informed decision about your debt
problem. There are a lot of companies advertising their Trust Deed
expert services on TV but speaking to a debt advice charity can
help you decide if it's really for you.
You should be careful when thinking about a Trust Deed as it
takes into account things like any equity within your home or the
value of any other assets.
Whilst a Trust Deed is one solution you want to ensure you are
given all debt solutions. Our advisors can provide expert
trust deed advice if it is suitable for you, whilst also providing
all other debt solutions too. When you contact Debt Support Trust
we will explain how long a debt solution will last, what it means
for your credit rating, what would happen to any assets and how
much you would need to pay towards your debt each month. Usually
with a Trust Deed you will be able to retain your property as long
as you maintain payments to the mortgage.
Trust Deed expert TV
An increasing number of companies are advertising on TV as Trust
Deed experts. It's important when deciding on a debt solution
- They provide a full range of debt advice
- They have a consumer credit licence to provide debt advice
- You find out how they will make their money to provide the
service (i.e. will it come from you?)
- If they are a charity they have a charity registration number.
The Debt Support Trust charity registration number is
Trust Deed expert advice
There are around 7,000 people entering a Trust Deed in Scotland
every year. It's a popular route for people in debt to become debt
free. People and TV advertising often refer to the Trust Deed as a
debt solution where you can write off debt. A Trust Deed will
help you pay an affordable amount towards your debt each month,
usually for 3 years, with any remaining debt and interest/ charges
being cleared at the end of the debt solution.
What is a Trust Deed?
A Trust Deed is a debt solution for people unable to meet their
minimum contribution towards their debt each month. The Trust Deed
takes into account.
You should not enter this debt solution lightly as it does
impact your credit rating and any equity within your house and
other assets may be realised. As a debt advice charity, Debt
Support Trust is an expert in debt solutions, including a Trust
Deed, so you can ask us anything about the solution. For more
information about Trust Deeds visit our Protected Trust Deed page.
Check if a Trust Deed is suitable for you
There are lots of debt solutions available and you may be
applicable for a couple debt solutions. It's important you receive
the pros and cons to each of these solutions to help you make an
informed and knowledgeable decision on your debt solution. If you
are suitable for a Trust Deed then our experts can provide you with
advice on the solution.
You can check if you would be suitable for a Trust Deed by
taking the debt
Alternatively, call and speak to one of our friendly, supportive
advisors today on 0800 085 0226.