Notifications
Clear all
Scottish Trust Deed Forum
5
Posts
5
Users
0
Reactions
2,884
Views
Topic starter
13/01/2011 7:55 pm
Hi all,
Been a while since I signed my TD now, and at last all my creditors have stopped hassling me!
My next potential problem coming up is my six month review.
What does this involve exactly....is it just a brief face to face meeting to confirm my circumstances haven't changed, or more in depth??
Will I need to provde a full 6 month bank statement, or just the most recent one??
I ask, as I have found myself to have quite a little bit spare cash...my income hasn't changed, but my expenses haven't been quite as much as we had originally budgeted for, leaving me enough to spend on myself (?ú500 over 5 months!)- foolishly I used Switch to pay for these things, instead of cash, leaving a trail!
Will this be an issue come my review, or will my TDC just want to ensure my income is as before?
TIA
13/01/2011 8:03 pm
Hi amorphous.
Your review is likely to be conducted by phone/post, I really doubt that there will be any need for a meeting in person.
The documentation required may include payslips, bank statements and so on but will vary from company to company.
I very much doubt that the fact that you have budgeted effectively will change anything, unless perhaps there has been a specific change in your more fixed expenses (such as utility bills or mortgage) that you declare at the review or that is apparent from your bank statement.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
14/01/2011 12:40 am
I've just had my first 6 month review only last month.... I was simply asked to complete a new income and expenditure form which was posted out to me, then I returned that with my last two monthly payslips... I was not asked to provide Bank Statements or anything else to my Trustee...
As long as your upfront and honest with your Trustee there is absolutely nothing to be worried about...
Also remember that that you may have a little more spare cash at the end of the month now than originally anticipated, but with the new rise in VAT, Fuel and Energy Bills just to name a few that you could find that your spare cash starts to dwindle at the end of the month in the near future.......
15/01/2011 7:49 am
Hi the company i was with done it all by post and i was asked to provide the last 3 wage slips and 6 months bank statements xx
lhenderson
15/01/2011 12:51 pm
Hi all
the normal process is by post. This will normally require the completion of a current status form and copy payslips/bank statements.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
