Are Trust Deeds Available On A Public Register Such As The Edinburgh Gazette?

May not be suitable in all circumstances. Fees apply. Your credit rating may be affected.

Free debt counselling, debt adjusting and providing of credit information services is available to customers by contacting MoneyHelper.

Are Scottish Trust Deeds Advertised In The Edinburgh Gazette?

Yes, every trust deed (and bankruptcy in Scotland) are registered on an online government database called the Register of Insolvencies (ROI). It’s a fact that the majority of us want to keep our financial dealings to ourselves, whether it be our salaries or our debt levels, nobody really needs to know apart from you, so why are trust deeds publicly available information?

Why Does A Trust Deed Have To Be Publicly Advertised?

Unfortunately any formal debt solution is classed as a form of insolvency and by law any insolvencies that are processed have to be made public. That’s not to say you are going to be front page news! Far from it. The ROI is maintained by the Accountant in Bankruptcy and is freely available to any member of the public.

In reality, the most common users of the ROI are those who work in the insolvency industry, creditors and their representatives, credit reference agencies and members of the legal profession. Unless you are involved with one of these user groups or are subject to insolvency proceedings it is highly unlikely that you will be aware of the ROI.

Are They Published Anywhere Else?

No. Trust Deeds are only registered in the ROI. They were previously advertised in a publication called the Edinburgh Gazette but this is no longer used.

Is The ROI Published Online?

Yes, it can be viewed online here; http://roi.aib.gov.uk/roi/

What Information Is Published?

Only the basic details are published, these include your name, date of birth, current and previous addresses, trading name, trading addresses and date the agreement was signed. The advert will not contain any information on how much you owe, or whom you owe it to, nor will it publish any reasons behind your decision to enter a Trust Deed.

Further Information

If you would like more information on the ROI, the information that is published or just want a general chat about Debts, give us a call free on 0800 193 1024 and one of our experienced advisors will answer any queries you may have.