Hello jockdock and welcome to the Scottish Trust Deeds forum.

There are other options including the Debt Arrangement Scheme and Debt Management Plans. There is further information about both on our sister website www.protected-trust-deed.net

Both of the above options may result in a much longer repayment term than a Scottish Trust Deed depending upon how much you feel that you can afford to pay towards your debts each month.

How much do you feel that you could afford to pay towards your debts each month?

Are you homeowners? If you are how much equity do you think that there is in your property?

Using this information the experts on this forum will be able to help you compare the implications of each of the potential solutions.

Hi jockdock,

It is not actually possible to enter into a joint protected trust deed - it is an individual procedure, ie you could have a trust deed each but not one together. Therefore the most appropriate solution may be different for each of you depending on how the debt breaks down (how much is owed solely by each of you and how much jointly).

If you can provide this breakdown and the info that Trust Deed Assistant asked then we could hopefully shed a bit more light on the likely options for you.