Are you a Scottish resident concerned with unmanageable debt issues? Have you investigated all debt management solutions available to you? Do you want to take positive steps to addressing your personal debts?
Help is available from HJS Recovery today – it takes just one call to get things started. Contact us on 0800 0141 130 today.
A Trust Deed is a voluntary but formal arrangement that is available to Scottish residents. A trust deed is created based on what you can afford to pay back and the total you owe to your creditors.
It helps individuals in debt agree to pay only what they can afford from their disposable income (your income after accounting for household expenditure).
Once reviewed and agreed on the amount that you can pay back, your lenders will agree to 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%.
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.
It’s important to remember that 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 adviser like HJS Recovery before entering into such agreement. We will make sure that you fully evaluate all options available to you and that you proceed with the most appropriate based on your individual circumstances.
Call us today for a confidential discussion on 0800 0141 130.
We have a team of advisers who have helped hundreds of businesses around the UK that have faced financial pressures on every scale. You are not alone.