Trust deed
Trust deeds is a formal debt repayment plan available only to residents of Scotland.
Debt example
Plans vary and what you can afford towards your debts is the main factor.
Here is an example of how debt management plan could make your debts affordable:
| Currently monthly repayment | £179 |
|---|---|
| Credit card A | £2,500 |
| Credit card B | £1,000 |
| Store card A | £1,000 |
| Store card B | £500 |
| Total owed: | £5,000 |
After a debt management plan
| New monthly repayment | £73 |
|---|