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Debt Advice Handbook Scotland 1st ed - with new material

Appointing your own trustee
In a trust deed, you must appoint your own trustee, you cannot appoint the AiB.
The trustee is usually an insolvency practitioner. They must agree to be the trustee.
An advantage of this is that your client can discuss the terms of the trust deed and agree the terms with the trustee before signing it.
However, your client should be made aware that the trustee has a dual role; firstly, to give advice to the client before signing the trust deed, but once the trust deed is signed, the trustee acts on behalf of the creditors.
You should keep a list of preferred insolvency practitioners you make referrals to, and monitor their performance and attitude to the client.