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Protected Trust Deed:Other options

For someone based in Scotland with unmanageable debt are there any other options to be debt free other than a Protected Trust Deed?

Regards 
Nej

Comments

  • mwarby
    mwarby Posts: 2,048 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Sequestration (bankruptcy, there's a minimal assest option too), Debt Arrangement Scheme (looks to be like a DMP)

    How much debt do you have ? Do you own your own home ? A SOA might help. I believe in Scotland you need to have received debt advice before going for a formal insolvency option, places like CAB might be a good option
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