Free Callback Request a call

Debt Help

Request a callback hello@debtclearplans.co.uk UK-wide

Follow Us

Protected Trust Deed (Scotland)

A formal Scottish debt solution that can freeze creditor action and write off remaining qualifying unsecured debt when successfully completed.

Home Trust Deed

What is a Protected Trust Deed?

A Trust Deed is a formal Scottish insolvency arrangement between you and your unsecured creditors. You make affordable monthly payments, usually over around 4 years. If it becomes Protected, creditors included in the deed are generally prevented from taking further enforcement action.

At the end of a successfully completed Protected Trust Deed, remaining qualifying unsecured debt may be written off. It is often considered the Scottish equivalent to an IVA in England and Wales.

How a Trust Deed works

1. Financial review

A debt specialist reviews your income, expenses, assets, and total unsecured debt.

2. Deed drafted

Your insolvency practitioner prepares the Trust Deed proposal and payment terms.

3. Creditor objection period

If creditor objections are not enough to block it, the Trust Deed gains protected status.

4. Monthly payments

You make one affordable payment, usually for around 48 months, based on your budget.

5. Asset consideration

Property equity and other assets may be reviewed as part of your arrangement terms.

6. Completion

After successful completion, remaining qualifying unsecured debt may be written off.

Trust Deed pros and cons

Potential benefits

  • Single affordable monthly payment
  • Protection from creditor action when protected
  • Possible write-off of remaining qualifying debt

Key risks

  • Credit file impact for 6 years
  • May affect assets and home equity
  • Failure can lead to sequestration in some cases

Trust Deed FAQs

Most Protected Trust Deeds run for around 4 years, but terms can vary based on your circumstances.

Once the deed is protected, included creditors are generally prevented from further enforcement action.

No. DAS is a full repayment plan, while Trust Deed may write off remaining qualifying debt at completion.

Not always, but home equity is normally considered and may affect your arrangement terms.

Get Scottish debt advice tailored to your situation

DebtClearPlans is an introducer and lead generation service. We connect you to approved Scottish advisers and insolvency practitioners for regulated guidance.

Your first conversation is free, confidential, and no-obligation.

Get My Free Callback Scotland Debt Help

Request a free callback

A real person will call you to understand your situation and explain which options may apply. DebtClearPlans is not authorised to provide regulated debt advice and we do not hold client money.

Checking your options won’t affect your credit score. We’ll never share your details without your permission.

DebtClearPlans

DebtClearPlans is a debt introducer/lead generation service. We help you find the right solution with FCA-authorised partners.

Debt Solutions

Company

Get Help

Privacy Policy | Terms & Conditions | Cookie Policy | Complaints Procedure | Vulnerable Customers Policy | Sitemap | Modern Slavery Statement

© 2026 DebtClearPlans. All rights reserved.

DebtClearPlans is a debt introducer/lead generation service and is not authorised to provide regulated debt advice. We introduce enquiries to FCA-authorised and regulated debt solution providers and/or insolvency practitioners. We may receive a fee for introductions made.

Debt solutions are not suitable for everyone and may have a significant impact on your credit file, ability to obtain credit, and in some cases your assets. Always read all documentation carefully. Free, impartial debt advice is also available from MoneyHelper, StepChange, National Debtline, and Citizens Advice.