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Write off up to 90% of your debts and become
debt free in 36 months
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What is a Trust Deed?
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Write off up to 90% of your debts and become debt free in 36 months A Trust Deed is only offered in Scotland, to Scottish residents and is the Scottish equivalent to an IVA, but there are a few very important differences. A Trust Deed is a legal formal agreement to repay your debt at a set amount (you can afford) over a set period of time (normally 36 months). To apply for a Trust Deed you must qualify by meeting certain criteria.
Trust Deeds Criteria:
Can't afford you normal contractual payments
Have at least 3 debts to 3 different companies
Have at least £10000 of debt and can afford to
pay at least £150 per month to the Trust Deed |
Trust Deeds Benefits:
One single affordable monthly payment
Freeze interest and charges
Telephone calls and payment demands stopped
Private agreement, not public knowledge
Stop the agreement at any time, no contract
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