Protected Trust Deeds
If you live in Scotland and are struggling to repay your debts you may want to consider entering into a Trust Deed with your creditors. A Trust Deed is an alternative to bankruptcy and is a formal agreement between you and your creditors, where you agree to pay an affordable payment each month for a fixed period - usually 3 years - in exchange for your creditors agreeing to write off the balance outstanding at the end of the 3 years.
Trust Deeds are an affordable way of dealing with your debt
Trust Deeds are prepared by a licensed Insolvency Practitioner and, once protected, are legally binding on both you and your creditors. The team at PJG Recovery have many years experience dealing with individuals in debt and have helped many people get their lives back on track. We can offer you advice which is tailored to your individual circumstances with the aim of helping you:
- Become debt free in just 36 months
- Pay only what you can afford each month to your creditors
- Stop future interest and charges
- Deal with legal action by your creditors
- Make a fresh start
If you are struggling to repay your debts then a Trust Deed may be the right solution for you. For further information and advice please visit UK Trust Deed
a website operated by one of our Group companies, Philip Gill & Co (Scotland) Limited
, and designed to provide consumers with detailed advice on individual debt solutions.