What is a Trust Deed?
Trust Deeds are a form of government legislation in Scotland designed to help Scottish residents clear unsecured debts over a fixed period of time, typically 3 Years.
The Trust Deed is constructed and managed by an Insolvency Practitioner, known as the Trustee.
Any new debts taken on after entering into a Trust Deed would not be protected in the same way as the debts held prior to the Trust Deed.
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