Why Choose a Trust Deed?
Budget-friendly repayments
Get debt-free in four years
No Harassment from Creditors
An organized debt solution designed to help restore your financial status
A trust deed is an arrangement between the debtor and the creditor that enables you to repay a section of the debt as per the affordability within a fixed period. The standard timeline is usually four years. Once the fixed amount is given within the given timeline, the rest of the debt amount is written off. And, thus the debtor becomes free from debt and gets a chance to regain the financial status. Some features of a Trust Deed are -
You are only qualified to get a trust deed signed with your creditor in Scotland if you meet the following demands.
Are you still not sure whether you are eligible for a trust deed or not? Get in touch with our experts today for a free consultation.
A trust deed can cover unsecured debts such as
Secured loans like student loans, court fines, payments for child maintenance can not be dealt with using a trust deed.
Are you struggling to rebuild your financial status due to the hefty debt? Feel free to get in touch with us today to take the first step towards financial stability.
Customers can get free debt counselling, debt adjusting and providing of credit information services from Money Helper – an organisation set up by the Government to offer free and impartial advice to those in debt. For more information from Money Helper click here
IMPORTANT: All examples based on data collected in 2023 of customers that have taken up a debt solution with our main Debt Solutions partner.
The Step Away Debt is an individual entity. Upon completion of our form, your details will be passed to one of our authorised debt solution partners, who will review your financial situation, explain the available options, and recommend a debt solution that is suitable for you. We will be paid for introducing you or the preparatory work we do, depending on your debt solution fees, which may be payable if ongoing services are provided—figures based on a typical example of a customer who entered an IVA. Alternative solutions may be available. Fees may be payable if continuing services are provided.
Figures based on a typical example of a customer who entered an IVA. Alternative solutions may be available. Fees may be payable if continuing services are provided. Repaying debt over a longer time may increase the total amount to be repaid. Credit rating may be affected. Lenders are not obliged to accept less than the contractual payments, freeze interest and charges, or stop further enforcement action.
Calls are recorded for training and quality purposes. Calls to 0161 numbers from mobiles and landlines are charged at a local rate. Please check with your local network provider for details on your call package.