LONDON, April 15, 2015 /PRNewswire/ -- Scottish Trust Deed t/a Simple Financial Solutions Limited, a company that specializes in providing debt advice to clients in need, recently announced its decision to become a full member of the Debt Resolution Forum. The Debt Resolution Forum promotes professional standards for resolving debtors' financial problems, focusing on the quality of advice provided to consumer debtors by all DRF members. This ensures that all consumer debtors receive sound advice in times of financial stress.
According to an article on the Trust Deed Wizard's website, trust deeds are formal agreements between debtors and creditors so that all debts can be paid back in an affordable and timely manner. Trust deeds are powerful agreements that can be stretched out over a minimum of four years, and at the end, the debtors are discharged from their financial obligations and outstanding unsecured debts. Scotland processed over 6,700 trust deeds from 2013 to 2014, making this solution one of the ideal ways for clients to handle their money.
The Debt Resolution Forum employs a similar practice to Scottish Trust Deed. Its members work tirelessly to ensure that they identify the solution and outcome that will most benefit the debtor. Scottish Trust Deed also works with IVA, another type of legislative debt solution that helps to lower monthly repayments and write off unaffordable and unsecured debts.
A spokesperson for Scottish Trust Deed (Simple Financial Solutions) commented by saying; "Our decision to join the Debt Resolution Forum will enhance our business model and show our dedication to compliance. We are proud to join the small amount of companies out there that give clear, consistent advice to our customers and be recognized for that."
Individuals interested in learning more about Scottish Trust Deed can visit the company's website for more information.
About Scottish Trust Deed:
Scottish Trust Deed provides help and advice on all aspects of Trust Deeds. With a Trust Deed, clients can legally write off up to 90 percent of their debt and be completely debt free in 48 months. For more information, please visit http://www.scottishtrustdeed.co.uk
SOURCE Scottish Trust Deed