All Press Releases for January 29, 2015

Leading Scottish Trust Deed Firm Supports Bid To Lower Debt Problems

Scotland's leading company for helping Scots take control of their debt problems is backing the Scottish Financial Health Service.



    GLASGOW, SCOTLAND, January 29, 2015 /24-7PressRelease/ -- Scotland's Trust Deed says the website is an excellent resource for providing information and links on how Scots can tackle their debts and improve their financial situation.

A spokesperson of scotlandstrustdeed.co.uk, said: "We help Scottish people on a daily basis deal with their debts and anything that helps provide information and help should be applauded.

"We would also encourage people to stick with their New Year's resolution to get themselves out of debt and onto the path of better financial health."

They also added: "We can help people negotiate with their creditors for lower repayments of their debts and help have unaffordable debt written off - help is only a phone call away and our dedicated and helpful team will be pleased to assist."

Information and help for Scots in debt

The Scottish Financial Health Service was recently launched by the Scottish Government along with Accountant in Bankruptcy, the insolvency service.

The government's business minister, Fergus Ewing, said: "The campaign encourages people to access the advice services available and help manage their money."

The website also offers practical solutions and advice and comes at a time when the personal debt problem in Scotland continues to grow.

Indeed, Scots are facing the highest payday loan average debt in the UK of GBP1,438, according to the charity StepChange.

In addition, those with council tax arrears in Scotland are facing an average debt of GBP1,534 - that's double the UK's average bill of GBP798.

However, Scots can help deal with the debts by arranging a Trust Deed which is a device to arrange lower repayments and have unaffordable debt written off.

Scotland's Trust Deed can also help with arranging sequestration and a debt arrangement scheme - there's a wealth of advice on their website and Scots struggling with debt can complete a simple online form to see instantly whether they qualify for a suitable debt resolution scheme.

The phone lines are open between 8am and 7pm and the friendly, well-trained staff will be willing to help anyone in Scotland struggling with debt on 0141 297 1178 or visit their website at Scotland's Trust Deed.

MORE INFORMATION
For help and advice about debts, and to learn more about a trust deed, contact the helpful staff at Scotland's Trust Deed on 0141 297 1178 or visit their website for more information on sequestration and the debt arrangement scheme.

For help and advice about debt and benefit sanctions, visit the website for Citizens Advice Scotland.

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Contact Information

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Scotlands trust deed
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Scotland
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