There are many differences between a Debt Arrangement Scheme and a Scottish Trust Deed.
Arguably, the biggest difference is the length of the term – Trust Deeds last for 4 years. After this time, any remaining debt is paid off. With Debt Arrangement Schemes, they last until all your debt is repaid.
The amount of debt often dictates the most likely solution. To qualify for a Trust Deed, you must be in at least £5,000 of debt. For Debt Arrangement Schemes, there is no minimum debt level.