Welcome to the trust deed forum glasgow lad.

I've removed the name of the firm/website you mentioned to protect other visitors to this site.

As far as I can see, this firm does not hold FCA permission to legally provide debt advice. They're also using a website name that appears to be deliberately designed to mislead people that they're dealing with a different (and reputable) organisation.

I'd strongly advise you to take no further action until you've received reliable and reputable debt advice from an FCA regulated adviser.

Thank you for the reply do u think it would be better to call a local company and arrange a chat with them nothing is signed or that with previous company just the guy seemed very nice and knew what he was talking about

Hi glasgow lad,

All I can really say on this is that the only organisations that are legally allowed to provide debt advice in the UK are those who are authorised and regulated by the Financial Conduct Authority. They've met a standard to become authorised in the first place, are accountable to a regulator, and give you access to the Financial Ombudsman Service if there's a dispute.

Other organisations may guide you to particular debt solutions, but that's a very different thing to getting real debt advice.

Who's authorised and regulated to provide you with debt advice? A huge range of organisations. Locally you could contact Citizens Advice, or your Local Authority may have a money advice team who can help you. There are also national organisations providing telephone or internet support and advice. We could help you with this, as can major organisations like Stepchange or Payplan.

The key point is to get regulated advice about ALL of the options and then choose the one that's the best fit for your financial and personal circumstances.

Hi I have today contacted trust deed Scotland which I see are FCA approved and am awaiting on them calling me back to discuss my situation thanks for the help.

Best of luck, glasgow lad. As TDA says, we can also help with providing fully-regulated debt advice, so if you want a second opinion then please don't hesitate to click through on the contact buttons here.

Just a quick update on my situation, I signed the forms to enter into a trust deed on Sunday. Now the wait for 5 weeks to see whether it becomes protected so I can be debt free in 48 months. I have debts of roughly £19000 and my trustee Harper McDermott are pretty upbeat about it gaining protected status. I have recently signed upto gamstop (2 weeks ago) and I am hopeful this is the beginning of the journey thanks for all your advice so far.

@glasgow-lad TDS is who i used - very good - cant say anything negative about them