Advice re,financial...
 
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Advice re,financial review

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(@raonaid)
Active Member
Joined: 16 years ago
Posts: 6
Topic starter  

Hi - I have a Trust Deed which started last year. I have been in quite a difficuilt situation lately. I got a new job which pays better about 6 months ago and have been very stressed out and spent about 5 months on probation and in fear of still having a job so as each month passed did not feel able to tell my Trustee as I was terrified of having to phone up a week later and tell them I'd no job. My job is finally more secure though my hours may get reduced, will my Trustee be likely to understand when I do my review shortly?


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

I don't think there will be an issue with the change of job Raonaid so don't stress about not having informed your Trustee as yet.

If you have been earning an increased amount you may however be asked to increase your contributions. Of course if the worst happens and your hours are reduced this would mitigate against that.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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