Trust Deed Articles

Trust Deed

Can I get an IVA in Scotland?

If you live in Scotland and are finding it difficult to keep up with debt repayments, you may be eligible to enter a Scottish IVA (Individual Voluntary Arrangement).

Trust Deed

Credit cards and Trust Deeds – what you need to know

Trust Deeds can be invaluable in helping Scots get out of debt, and avoid bankruptcy. Can a Trust Deed help solve huge credit card debts? Find out more.

Trust Deed

How to clear your council tax arrears with a trust deed

If you’re worried that the council might take action against you for non-payment of council tax, entering into a Scottish trust deed can be a beneficial step.

Trust Deed

Can I object to the re-opening of a Trust Deed?

The re-opening of Trust Deeds has become a contentious issue in Scotland. Debtors who assumed that, having been discharged from their Trust Deed, no further action would be taken in relation to their...

Trust Deed

Trust deed vs deed of trust – what’s the difference?

It is easy to see why a trust deed and a deed of trust may be confused with each other, however, in reality they are entirely different things and you should know the differences between the two if yo...

Trust Deed

Pros and Cons of a Scottish Individual Voluntary Arrangement

An Individual Voluntary Arrangement (IVA) is a formal agreement between you and your creditors. It is negotiated and set up by a licensed Insolvency Practitioner (IP), who administers it over the full...

Trust Deed

Can I enter into a Trust Deed as a sole trader when i'm struggling?

Being in debt as a sole trader can be particularly concerning because you are personally responsible for the debts of your business.

Trust Deed

Is a Trust Deed or Sequestration public knowledge?

Entering a Trust Deed or Sequestration (Bankruptcy) will be recorded on the Register of Insolvencies which is publicly accessible, including these details.

Trust Deed

How will a Scottish Trust Deed affect my property?

If you’re thinking of entering into a Scottish trust deed and you’re also a homeowner, you may be worried about how the arrangement will affect your home.

Trust Deed

Can creditors contact me when I am in a trust deed?

Less serious than sequestration (bankruptcy), a trust deed is a formal payment plan which allows you to take control of your debts in an affordable manner.

Trust Deed

How Trust Deeds and Sequestration view Secured and Unsecured Debts

If you’re a Scottish resident struggling with personal debt and you’re considering a trust deed or sequestration as possible solutions, it’s important to realise that some types of debts cannot...