| A trust deed is a legally binding arrangement, voluntarily entered into by the debtor with an Insolvency Practitioner, which allows an alternative to sequestration. When a trust deed is granted the debtor is legally obliged to pay an affordable sum (based on the debtor’s income) on a monthly basis to their creditors or for the Trustee to realise an asset that has been identified. A trust deed may also serve to freeze the interest on your debts in particular circumstances. If you have any further questions please get in contact. |