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How long does a Protected Trust Deed last?

April 26, 2017deed protected Trust

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How long does a Protected Trust Deed last?

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A Protected Trust Deed lasts for a maximum of 3 years – just 36 months. Sometimes a Protected Trust Deed may last for under three years, but this depends on individual financial circumstances. Our professional advisors would be pleased to explain the various options available to you.

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A Protected Trust Deed is normally a 3 year procedure however, in some circumstances this can be shortened or lengthened depending on your circumstances and what will produce the best outcome for your creditors. A full income and expenditure review would need to be undertaken, lasting 15 minutes, to assess whether you were applicable for a Trust Deed.