Scottish Bankruptcy

Sequestration

What is sequestration?

Sequestration is the Scottish equivalent of Bankruptcy and needs to be fully investigated before making this your final choice to resolve any debt problem.

Look at other debt solutions like “Debt Management Plans” or “Trust Deeds” before settling on the sequestration solution.

Useful Links
Debt Management Plans
Debt Management - Pros & Cons
Debt Management - Criteria
Debt Management - Steps
Debt Management - Overview
Debt Management Vs Consolidation
Debt Management Vs IVAs
Debt Management Vs Bankruptcy
Debt Managament - FAQs
Debt Management - Glossary
Trust Deeds
Trust Deed - Pros & Cons
Trust Deed - Criteria
Trust Deed - Steps
Trust Deed - Alternatives
Trust Deed - Why Choose a Trust Deed?
Trust Deed Vs Debt Management Plans
Trust Deed Vs Sequestration
Trust Deed - FAQs
Trust Deed - Glossary

Debt Help Scotland

Scottish Trust Deed

What is a Trust Deed?

A Trust Deed is the Scottish equivalent of an IVA, with a few differences. Similar to an IVA a Trust Deed is a legal agreement that must be accepted by the creditors.

The major differences between an IVA and a Trust Deed are, a Trust Deed:
- Will normally last 36 months
- Payments start at £150.00 a month
- Debt Levels as low as £10,000

Useful Links
Trust Deeds
Trust Deed - Pros & Cons
Trust Deed - Criteria
Trust Deed - Steps
Trust Deed - Alternatives
Trust Deed - Why Choose a Trust Deed?
Trust Deed Vs Debt Management Plans
Trust Deed Vs Sequestration
Trust Deed - FAQs
Trust Deed - Glossary