Debt Management »
We'll come up with a debt management solution based on your individual circumstances.

Debt Consolidation »
Our experts can guide you through the range of debt consolidation options available.

Debt Help »
Kensington Financial Management Consultants are experts in providing debt help.

IVAs »
If you have a significant debt problem, you may be eligible to begin this legal process.

Trust Deeds »
A Trust Deed can lead to a significant proportion of your debt being written off.

Bankruptcy »
A Debt Management Plan, IVA or Debt Consolidation should be considered first.

Establishing if a Trust Deed is the Right Solution for you

A trust deed is a legally binding agreement that is initiated between the individual in debt and their creditors and represents an accord between the two parties to repay outstanding unsecured debts, such as credit card debt. A trust deed will usually take a minimum of three years to complete but, once it has been completed, the individual in question will have avoided the negative implications of factors such as bankruptcy and will be able to plan for a future free from their financial arrears. However, as with all financial decisions, it is important to carefully consider the circumstances in which you find yourself in and decide whether or not a trust deed is the best means by which to extricate yourself from your debts. Many residents of Scotland, where the use of trust deeds is prevalent, have found that they really do give them a chance to clear their debts by creating a structured repayment plan and, in some cases, drastically reducing the amount that has to be repaid. In order to best establish whether a trust deed is right for you, it is advisable to speak to debt management professionals.

Trust Deed – When a Trust Deed May Not be Right for you

Obviously, a trust deed is a valuable tool for overcoming debts, predominantly in Scotland, but it isn't the right solution for every situation. For example, a trust deed wouldn't be appropriate if you only have a small amount of unsecured debt. Generally speaking, an individual should only consider a trust deed if they have considerable debts, typically in excess of £10,000.

Speak to Kensington Finance about Debt Management

Kensington Financial Management Consultants Ltd is a total finance solutions company helping people all over the UK. We speak financial sense. We will allocate you a friendly advisor who will chat through your current situation and formulate a plan for you without obligation. Let us work out a financial solution based on your individual circumstances. It's our aim to help everyone who contacts us. With debt solutions from debt management and IVAs, mortgages & re-mortgages, secured & unsecured loans and advice and information for debt consolidation, bankruptcy and Trust Deeds, we can help. It really is worthwhile giving us a call or applying online today for a confidential chat with one of our friendly advisors. Call FREE on: 0800 096 4409.