Trust Deed Implications
It is important that you are aware of any implications that may be attached to your Trust Deed agreement before you decide that it is the right debt solution for you.
Please seek expert advice by calling our advisors on 0800 048 1766.
Trust Deed Implications:
- Any existing arrestments or diligences will still be effective, so it is important to fully disclose all financial information.
- Your credit rating will be damaged.
- You cannot be a director of a limited company
- If you fail to keep up repayments then your creditors can start bankruptcy proceedings against you.