Debt advice archive
If you are a resident of Scotland suffering from debt problems, there is help available.
The Debt Arrangement Scheme DAS could make your debt repayments more manageable. What are the other benefits?
You can include catalogue debts in a Trust Deed, but you must have a significant amount of unsecured debt in total that you can't repay in a reasonable timeframe.
On-going utility bills can't be included in a Trust Deed - but arrears owed to a previous supplier could be.
A Trust Deed will damage your credit rating for six years.
A Trust Deed could help you get on top of unsecured debt problems - but it will affect your ability to get further credit.