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What is a Protected Trust Deed StepChange Scotland
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A protected trust deed is a legally binding arrangement in Scotland where you make reduced payments over four years. At the end of this time, your unsecured debts are usually written off. • Protected trust deeds are only available in Scotland. In the rest of the UK, an IVA is a similar solution, but has different benefits, risks and fees associated . We don't charge you for advice, but you make payments to your trustee or insolvency practitioner once your trust deed is in progress. • Learn more about trust deeds on our website: http://www.stepchange.org/trust-deed • If you're struggling with your finances don't wait to ask for help. Use our free online debt advice tool today and take the first step towards changing your situation. Start now at https://www.stepchange.org/start • StepChange Links - • Our website: https://www.stepchange.org • Twitter: / stepchange • Facebook: / stepchangedeb. . • Instagram: / stepchangech. . • TikTok: / stepchange • We provide the UK’s most comprehensive debt advice service. Since 1993, we've helped 7.5 million people with debt problems take back control of their money and their lives.
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