An Protected Trust Deed - PTD is not the only debt solutions available if you are struggling with your finances and monthly payments, there are other alternatives, such as:

A Debt Management Plan is an informal agreement between you and your creditors to repay your outstanding debts at a monthly rate you can afford. Debt Solutions will complete a full fact find to determine exactly what you can afford to repay every month
For more information take a look at our Debt Management Plan page

Debt Consolidation loans are a great way to put all your creditors in to one monthly payment, but you must have a great credit history with no missed or late payments. If you do have an adverse credit history with missed and late payments then you will find it very difficult if not impossible to get a unsecured consolidation loan, so a Debt Management Plan or an IVA will be the better option. If you own a property and you have equity then you may be able to release equity by, a mortgage or a secured loan.
For more information take a look at our Debt Consolidation page

Sequestration is the Scottish equivalent of Bankruptcy and because it is similar it is a very serious solution and you must be fully informed before making your final decision
For more information take a look at our Sequestration page