Trust Deeds - Debt Help in Scotland
The Cons of a Trust Deed
Conditions apply please click this link for more information
For more information on the various debt solutions available to you please read the document on the following link In Debt? Dealing with your Creditors
Are We Qualified?
We at Debt Stop Direct are one of the first few regulated debt management companies to have staff take and qualify in CertDR (Certificate in Debt Resolution)
CertDR is accredited by the UK examination board of Edexcel and has been welcomed by regulators of the industry such as the Office of fair trading, Ministry of justice, Insolvency service and the Insolvency Practitioner Association.
This means the staff you talk to are highly knowledgeable and qualified to give the correct and fair advice regarding debt solutions
A trust deed is a legally binding agreement between you and your creditors normally over a period of three years.
If you are a resident in Scotland and have unsecured debt that you are finding difficult to repay, then a Trust Deed could be the perfect solution. Debt Stop Direct can put you in contact with a trusted licensed professional.
The Benefits of a Trust Deed- One affordable payment per month
- Debt free in 3 years (in most cases)
- Stay in your home and keep your car
- Protect yourself against legal action
- Creditors will no longer contact you by letter and/or telephone regarding payment of your debt
- Avoid sequestration (Bankruptcy)
The Cons of a Trust Deed
- You cannot take out further credit until your Trust Deed is complete
- If you earn more on a regular basis you may be asked to pay extra
- You may be asked to re mortgage to release equity in your property
- If you have an expensive vehicle, you may be asked to down grade to a cheaper model and pay any monies left over into your Trust Deed
- Your credit file can be effected for up to 6 years after the completion of the Trust Deed
Conditions apply please click this link for more information
For more information on the various debt solutions available to you please read the document on the following link In Debt? Dealing with your Creditors
Are We Qualified?
We at Debt Stop Direct are one of the first few regulated debt management companies to have staff take and qualify in CertDR (Certificate in Debt Resolution)
CertDR is accredited by the UK examination board of Edexcel and has been welcomed by regulators of the industry such as the Office of fair trading, Ministry of justice, Insolvency service and the Insolvency Practitioner Association.
This means the staff you talk to are highly knowledgeable and qualified to give the correct and fair advice regarding debt solutions
