UK Nations
What is a protected trust deed?
A protected trust deed is a formal Scottish insolvency arrangement where you transfer eligible assets to a trustee and agree contributions for the benefit of creditors. Once protected, it restricts enforcement by those creditors and can lead to discharge of remaining eligible debts after the agreed term.
Legal rules differ across the UK. Confirm advice for the nation where you live.
Reviewed: 1 March 2026 by Editorial Team
Frequently asked questions
- What is a protected trust deed?
- A protected trust deed is a formal Scottish insolvency arrangement where you transfer eligible assets to a trustee and agree contributions for the benefit of creditors. Once protected, it restricts enforcement by those creditors and can lead to discharge of remaining eligible debts after the agreed term.
- Does England and Wales guidance apply?
- Not automatically. Use nation-specific advice and official sources for Scotland or Northern Ireland.
- Where can I get free advice?
- Start with MoneyHelper and local advice charities, then specialist advisers licensed for your nation.
- Can The Insolvency Directory advise me personally?
- No. We publish general information and directory listings only.
- How do I find a local practitioner?
- Browse our directory by city or use the find-help wizard to request an introduction.
Primary source: The Insolvency Service (GOV.UK)