Write off your remaining debt with a Trust Deed in just 48 months
A Protected Trust Deed is Scotland’s legally binding agreement that freezes interest, stops creditor action, and gives you one affordable monthly payment for 48 months.
- 48 months
- Typical term
- 1 payment
- Per month
- £5,000+
- Min debt
- £0 upfront
- No fees to start
The advantages
Why people choose a Trust Deed
Debt free in 48 months
After completing your 48-month term, any remaining unsecured debt included in the arrangement is written off entirely.
One affordable payment
All your debts combined into a single monthly payment based on what you can realistically afford.
Legal protection
Once your Trust Deed becomes protected, creditors are legally bound. They must stop all contact and enforcement action.
Interest and charges frozen
From the date of protection, no new interest, penalty fees, or default charges can be added to your qualifying debts.
No creditor contact
Your Trustee handles all communication with your creditors. You do not have to deal with them directly at any point.
Scotland-specific solution
A Trust Deed is designed specifically for Scottish residents and operates under the Bankruptcy (Scotland) Act 2016.
How it works
Your route to debt-free
Day 1
Free assessment
A qualified adviser reviews your income, outgoings and debts at no cost. We explain whether a Trust Deed is the right solution for your situation — with no pressure and no obligation.
Week 1–2
Proposal prepared
Your Trustee (a licensed Insolvency Practitioner) prepares the Trust Deed document and sends it to your creditors, outlining what you can realistically afford to repay each month.
Week 6
Protection granted
If creditors do not object within five weeks, your Trust Deed becomes “protected” under Scots law. Creditors are legally bound by its terms and must stop all enforcement action.
Month 48
Debt free
After completing your agreed 48-month term, any remaining unsecured debt included in the arrangement is written off entirely. You get a genuine fresh start.
Check your eligibility
Is this right for you?
You’re likely a fit if…
- You are a Scottish resident
- You owe £5,000 or more in unsecured debt
- You owe money to two or more creditors
- You have a regular source of income
- You are struggling to keep up with monthly payments
It may not be right if…
- You are not a Scottish resident
- Your total unsecured debt is under £5,000
- You only have one creditor
- You do not have a regular source of income
- You are already in another insolvency procedure
Questions
Questions, answered honestly
2-minute check
Struggling with debt? See your options in 2 minutes.
Free, confidential and non-judgmental. Start by telling us roughly how much you owe.
No obligation · Won’t affect your credit score