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Scottish Trust Deed Forum
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Topic starter
19/01/2013 9:02 am
Hello
Received my first review slightly nervous as my salary has increased not by much an extra £200 per month but since starting my TD my circumstances have changed I know live with my partner and my expenditure has increased I am worried that my payment will be increased but some months a struggle to make the payment as it is! Also worried that they will increase it based on my overtime the past two months which was due to a project in work it's not guaranteed. Any advice would be appreciated?
Many Thanks
19/01/2013 10:50 am
Welcome to the forum Colekell.
You'll just need to let your trustee know about the increases to your income and expenditure. Your trust deed payment should still be based upon affordability.
Your trustee is likely to want a proportion of your overtime to be paid over to help repay your creditors. They may allow you to keep some of it. Your regular payment should not be based upon irregular overtime.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
19/01/2013 6:48 pm
Is a £200 a month salary increase not a decent jump?
Let your trustee do the work but let them know of increases in both money in and money out.
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
