If you're a Scottish resident and you're in debt, a trust deed could be just what you need. It's a formal repayment plan that'll see you transfer some of your assets into the care of a trustee who will then use them, along with regular payments from yourself, to pay off your debts.
It's often a very attractive alternative to sequestration (bankruptcy) and could even result in you only having to pay back 15% of the money you owe.
To find out more about trust deeds, you can explore the links below:
Alternatively, you can fill in our free online calculator now to
Read up on the latest Trust Deeds news from trapped.co.uk
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