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Scottish Trust Deed Forum
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Topic starter
01/02/2010 11:59 pm
I was wondering if anyone has been in the same situation as myself and could give me some advice.
I was recently made redundant but was unsuccessful in finding another job in the uk - i have made the move to Australia where i am currently working.
I was wondering if it is possible to set up a trust deed or even a debt management scheme from abroad in order to try and sort out my debts or do you have to still be a resident in Scotland or the UK?.
Any help or advice would be appreciated
02/02/2010 12:09 am
Hello rwas18,
It's great to have you visit us from Australia.
My understanding is that the test for a Scottish Trust Deed is that you have been resident in Scotland within the last twelve months. Our experts will confirm that to be correct or will correct my comment.
A lot of expats enter into debt management plans from abroad. There is no statutory restriction on recent residence for a debt management plan as it is an informal agreement between the parties.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
02/02/2010 6:17 pm
Hi rwas18
TDA is correct, jurisdiction applies here and you would need to show that you had residence in the year preceding.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
