Trust Deeds
This is a legal process for people who live in Scotland, whereby your creditors agree to write off a large amount of the debt out standing, this can be up to 75%. To qualify you would normally need to be in at least £10,000 worth of debt.

A monthly payment would be agreed with yourself and this would be payable over 36 months, the remainder of your debt would then be written off.

The advantages of a trust deed are that it takes the pressure off as all correspondence and the Trustee deals with queries from creditors. It puts the debtor rather than creditors in control of the debtor's financial situation and reduces the costs - a Trust Deed is usually more flexible and less costly to administer than sequestration and allows the debtor the right to fulfil certain public offices - which would not be the case with sequestration.

Bankruptcy

Facing Bankruptcy? Are you wondering what to expect when you file for Bankruptcy. We can help guide your way through the minefield that is bankruptcy and offer you advice on whether it is the best solution for you.

Many of our customers are finding how an IVA can help them avoid bankruptcy. It is more likely that an IVA will be the answer to severe debt problems, since it provides much of the relief offered by bankruptcy but without the severe constraints which bankruptcy imposes.

Consolidate debts with a Remortgage

Are you a Home-owner struggling with mounting debts?
Can you no longer afford monthly payments?

We could help you even if you're self employed, have no proof of income, CCJ's or mortgage arrears. You could reduce monthly payments AND free up cash.