Alternatives to a Trust Deed
If you live in the UK and feel that a Trust Deed is the right financial solution for you, an
IVA is the best alternative for you. An IVA is the UK equivalent to the Scottish Trust Deed, and is a valid solution to all your financial problems.
If you are struggling to pay off your lower amounts of debt, then a debt consolidation loan might be advisable. This type of loan may relieve the stress associated with debt by consolidating your outstanding unsecured debt into one affordable monthly payment. In this instance, creditors may even stop any additional interest or charges on your debt, making your debt easier to pay off.
For expert financial advice, speak to a trusted financial advisor who will be able to help you choose the right financial solution for you. They will offer advice and guide you through all your alternatives and options, helping you choose the most appropriate solution to your debt problems.
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