Trust deeds (2518)
What is this notice?
These notices are only placed in Scotland. Protected Trust Deeds are a legally binding arrangement between an individual and their creditors which is designed to help individuals who are unable to repay their debts (more than £8,000). At the end of the period any remaining debt is written off by creditors, subject to some exceptions.
What legislation does it relate to?
Protected Trust Deeds (Scotland) Regulations 2008 (Reg. 7)
Who places this notice?
The trustee
Where can I find these notices?
Further information
www.legislation.gov.uk/ssi/2008/143/regulation/7