Hi there.  I bet you are looking forward to counting down this final year!

It is possible to have a third party pay into your Trust Deed for you, though I think they would need something in writing from your partner agreeing to do so. 

Alternatively, you could advise your Trustee that you have suffered a change in circumstances and cannot afford to make the payments any longer.  They may be happy to reduce your contribution to nil and still put forward your discharge at the end of the 4 year period.

Hope that answers your question?

@kevin-mapstone Thanks so much Kevin. Thats definitely helpful! 

Yes, counting down the months now.. 🙂 

Hi Kevin, 

Would you mind helping me with this one? 

Just off a call confirming my 3rd year review and it’s completed but he sent me an email with the attached (redacted parts)  

I always had it in my head from Day 1 that £100 was the minimum they could take. Reading this cropped part of their email, it could be less or nothing at all? Would this “get me out” of my trust deed faster? 

My partner and I do pay 50/50 on all household bills but I do scrimp and scrape on what’s left on my wage to make sure I have enough remaining to pay my £100 TD payment on last day of the month. 

I’m now thinking I’ve opened my big mouth and said too much to them?! Granted I do have mixed feelings on going down this route to pay less or nothing, as there should be a consequence for getting into debt in the first place so I should pay % off (grateful I got the TD tbf). 

Now I’m totally conflicted and kinda brain dumping here. Should I go back and say otherwise that £100 isn’t as attainable as I made out? 

@rmmt1 To be successfully discharged from your debts in the Trust Deed you need to complete at least 4 years paying as much as is affordable.  If your contribution payments are not affordable then they may be willing to reduce them, however it sounds more like they are suggesting they could terminate the Trust Deed and you could pursue another option instead such as a bankruptcy.  This would restart the 4-year period, so is probably not desirable unless you really have to.

@kevin-mapstone Thanks Kevin. I will gladly see out the last 12 months. On the home straight! 

His email did confuse yet intrigue me but not worth it, at all. 

Many thanks for all of your replies!