Trust Deed | Scottish Trust Deeds UK | Scottish Trust Deeds

[...] There are always disadvantages and advantages of everything we do in life. With a Trust Deed the big advantage is that you can clear your debts after three years and continue with your [...]

[...] A Trust Deed only applies to residents in Scotland A Trust Deed is a legally binding contract between you and your creditors / lenders which has been arranged [...]

[...] to pay your unsecured debts and are falling behind on your repayments including your mortgage a Trust Deed will help you get back on track. You might be concerned that a Trust Deed will affect your [...]

[...] trying to keep your family fed and clothed you will be relieved to know that by agreeing to a Trust Deed in scotland, only available in Scotland, you can get back on track and start reducing the debt [...]

[...] of what you can afford to repay is put to your creditors on your behalf by a licensed insolvency practitioner (IP). The proposal is an agreement by you to make an affordable monthly payment towards [...]

[...] your numerous creditors / lenders proportionately. The payment is over seen by a licensed insolvency practitioner who is the guardian of your particular scheme. The payment distributor will forward [...]

[...] you are left with not enough to meet your mortgage payment. You are required to have an insolvency practitioner to manage your Trust Deed and they will determine what is affordable for you to pay to [...]

[...] and your creditors and can only be carried out by a licenced insolvency practitioner. You will not be able to organise a Trust Deed yourself without some professional help, [...]

[...] you want to reduce or increase you payments, then you can apply for a variation to your debt payment programme. In this instance you must contact your debt arrangement advisor and inform them of your [...]

[...] only. If you find yourself with arrears on your mortgage you may be able to apply for a debt payment programme under the debt arrangement scheme [DAS] this will help you pay off your debts in [...]

[...] , traveling costs, car, luxuries treats, sports activities, gym membership, theatre, events, living costs at home, use of gas and electric, to name a few. No one likes to have cut back on living [...]

[...] Paul each month. We will determine what you can afford each month by taking into account your living costs, leaving you to enjoy your life instead of having the worry of having a knock on the door or [...]

[...] will determine what figure is affordable to you each month by taking into account all of your living costs and will contact your lenders both in writing and by ‘phone to agree a sum that is [...]

[...] into consideration your living expenses and income.  They take into account all of your living costs and will calculate what is comfortable for you to pay so that you do not have to struggle each [...]

[...] appointed trustee then you must ensure that this is maintained. If you do fail to make regular monthly payments of the sum agreed then your Trust Deed will be cancelled and this could result in you [...]

[...] we have taken out credit cards, personal loans, etc and are now unable to reach the regular monthly payments. There is nothing worse than receiving threatening letters each day or waiting for [...]

[...] your lenders are usually happy to agree to as they know that they will be receiving regular monthly payments to part clears your debt with them. Therefore a Trust Deed is not just good for you it [...]

[...] over your mortgage and demanding payments so you are left with not enough to meet your mortgage payment. You are required to have an insolvency practitioner to manage your Trust Deed and they will [...]

[...] will affect your mortgage but if you are falling behind and are struggling to find your mortgage repayments each month then a Trust Deed will, in fact, help as it reduces your monthly outgoings which [...]

[...] may not need to give their consent in order for you to proceed with the programme. If I have mortgage arrears can I apply for a debt payment programme? Yes you can apply however your debt programme is [...]

[...] directly to the DAS scheme instead you require the services of a licensed advisor or debt management advisor to make the application on your behalf. Your application will be considered by a DAS [...]

[...] a lower percentage of the original debt. To seek advice please call one of our trained debt management advisor’s.   [...]