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About: Protected trust deed     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : dbo:MusicalWork, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: musical work New Facet based on Instances of this Class

A protected trust deed, overseen by the Accountant in Bankruptcy, is a voluntary but formal arrangement that is used by Scottish residents where a debtor (who can be a natural person or partnership) grants a trust deed in favour of the trustee which transfers their estate to the trustee for the benefit of creditors. Any person wanting to make an application for a protected trust deed must have been a resident of Scotland for at least six months prior to making the application.