Get free debt advice, or a Trust Deed help plan, today from Chiltern and you could:
- Write off all the debts you can’t afford
- Make one affordable monthly payment
- Be free from unsecured debt, normally in three years
- Stop worrying about legal action by your creditors
- Avoid bankruptcy / sequestration
What is a Trust Deed?
A Trust Deed is a specific kind of debt help that is only available to residents of Scotland, like an IVA a Trust Deed is a legally binding agreement between you and your creditors. A Trust Deed can only be set up by a licensed Insolvency Practitioner (IP).
In most cases your creditors will agree to freeze interest charges and to write off whatever unsecured debts you still owe at the end of the term. Once the Trust Deed is in place you will be legally protected against any action by your creditors and therefore avoid bankruptcy or further legal action as long as you maintain regular payments for a fixed period of time (usually three years).
Is a Trust Deed right for me?
If you’re a resident of Scotland and struggling with unsecured debts of £10,000 or more, a Trust Deed could be the perfect solution for you. You’ll know exactly how much you will have to pay each month and also when your debts will be fully paid off. However, other debt help may be more beneficial (such as a debt management plan). For impartial debt help and debt advice it’s worth speaking with one of our experts. Call FREE on 0800 037 0053 for free debt help now.
How do I apply for a Trust Deed?
Call our freephone number or fill in the call-back form on this page. Our Trust Deed experts will help you decide whether specific debt help, such as a Trust Deed, is right for you. If it is we’ll take care of all the paperwork, helping you along the path to a debt-free future.
Complete the form on the right and one of our experts will provide FREE debt advice. To talk to an adviser, for immediate debt help, call FREE on 0800 037 0053.