Protected trust deeds - Scottish Trust Deeds

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Protected Trust Deeds

Protected trust deed facilitates you to make a formal proposal for payment to your creditors through an Insolvency Practitioner. Protected trust deeds are a legally governed procedure by which you can repay your debt over a specified period of time. Scottish Trust Deeds can find protected trust deeds in Scotland. This is similar to an individual voluntary arrangement.

Availing protected trust deeds through Scottish Trust Deeds means that you agree to a contract to repay your debt; usually at a reduced rate. Scottish Trust Deeds can find protected trust deeds at more flexible terms.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT A fee between 0% and 10% of the loan may be charged on some plans depending on credit history and ability to prove income. Example: Loan of £15,000: 120 monthly repayments of £204.66, 10.4%APR variable. Loans secured on residential property.