Trust Deeds:

What are the advantages of a trust deed?

The advantages of a trust deed are as follows:

• You enter a fixed monthly payment plan based on what you can actually afford
• You may be able to save your heritable property
• You no longer have to deal with your creditors yourself as your Trustee will do this
• Your creditors can take no further action against you as long as you keep up your agreed, affordable, monthly payments
• At the end of the (normally) three year period of the trust deed you will be completely free of debt
• As you have made the first move, you know who you are dealing with, and a Trustee has greater flexibility in obtaining you an early Discharge.
  

If you have any further questions please get in contact.

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SEQUESTRATION
What is sequestration?
How long will I be sequestrated?
What are the consequences of sequestration?
What is apparent insolvency?
Will I lose my home if I am sequestrated?

TRUST DEED
What is a trust deed?
How do I enter into a trust deed?
How long does a trust deed last?
How long does it take to arrange a trust deed?
What are the advantages of a trust deed?

REMORTGAGE
Do I have to be a home owner to apply for a remortgage?
What are the steps involved in remortgaging?
How long does all this take to complete?
Will I have any money left at all after I have
remortgaged and repaid my debts?

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in2credit Edinburgh

Cowan & Partners Accountants & Tax Advisors

60 Constitution Street, Leith, Edinburgh EH6 6RR

in2credit the established Scottish insolvency practitioners