If you find yourself in really bad debt situations and you have unsuccessfully exhausted all means of repaying your lenders there are a couple of options left to you. You can become bankrupt or you can take out a trust deed. Scotland has many good debt management trustees who can guide you through the procedures and they will advise you on whether to take out an ordinary trust deed or a protected trust deed. The trustee will likely advise on a protected trust deed if the debts are for unsecured plastic debt like credit cards, store cards and unsecured loans. An ordinary trust deed is for those in danger of bankruptcy who have secured debts and could lose their home and any other assets they may have in the process.trust deeds scotland trustees will guide you through the process and help you to set a time by which you will be debt free, but in a bad place as far as credit ratings are concerned.trust deeds scotland can help if you have many debts.