Who can qualify for a Trust Deed?

February 21, 2018 12:23 pm Published by Debt Free Life

  • You must live in Scotland or have lived in Scotland within the last twelve months, or alternatively own a business in Scotland.
  • You must have over £5000 worth of unsecured debt which you are unable to pay back due to having debts of higher value than your assets.
  • You must be able to meet a minimum monthly payment through income or through the sale of assets which satisfies creditors

Don’t worry if you’re still unsure, all of this will be worked out by our team of on-hand advisers.