Trust Deed
Potential debt write-off, but assets and insolvency consequences need careful consideration.
Compare Scottish debt solutions
Trust Deed or DAS:
Trust Deed or DAS:
which route fits you?
Both can turn multiple debts into a structured payment, but they work very differently. The right answer depends on affordability, assets and the outcome you need.
✓ Trust Deed may discharge qualifying remaining debt✓ DAS repays included principal debt✓ Both involve a formal affordability assessment
For people living in Scotland. Checking your options does not commit you to a debt solution.
The biggest difference
A Protected Trust Deed is a formal insolvency solution. Subject to the terms being completed successfully, qualifying remaining unsecured debt may be discharged.
DAS is a statutory debt management solution. The included principal debt is repaid through the Debt Payment Programme while interest, fees and charges are frozen in accordance with the scheme rules.
DAS
Repay included principal debt over an affordable period with statutory protection.
Neither automatically wins
The better route is the one that fits your actual circumstances, not the one with the strongest headline.
Questions that often decide the direction
How much can you reasonably afford each month? Do you own a home? Is there equity? How quickly could DAS repay the debt? What assets do you have? Are there debts that need special treatment?
These questions are why a short online check should be treated as the start of the conversation rather than a final recommendation.
Homeowner?
Property and equity can make the comparison particularly important.
Want to repay in full?
DAS may align better with that objective where it is affordable.
Debt cannot realistically be repaid?
A formal insolvency option may need to be considered alongside the alternatives.
Common questions
Questions people ask before taking the next step
Which is better for my credit rating?
Both can affect access to credit. A Trust Deed is a formal insolvency solution; DAS is recorded on the public DAS Register. The consequences should be explained before proceeding.
Which one stops interest?
Both can involve interest and charges being frozen, but the legal mechanism and conditions are different.
Can I change from one to the other?
Circumstances can change, but moving between solutions is not something to assume will be simple. Get advice before entering either route.
✓
You don’t have to work it all out yourself.
Answer a few questions and find out which Scottish debt options may be worth discussing.
✓ Protected Trust Deed✓ Debt Arrangement Scheme✓ Other options where appropriate
Start My Scottish Debt Check →
Confidential. No commitment. For Scottish residents.