Welcome to the forum rennaz23.

I'm sorry to hear that you find yourself worried and stressed about this situation.

Often when we read that people are feeling like that it's, to some extent at least, as a result of a fear of the unknown.

My advice would be to bite the bullet and contact your trustee. At the very least you'll then know where you stand and will be able to plan accordingly.

The situation may well not turn out to be as bad as you fear. For example sometimes a trustee will "take a view" on extra income, such as commission for example, in order to give you an incentive to work hard and earn more.

Hi Trust Deed Assistant,

Thanks so much for your reply and you're absolutely right in that it's the what if that's of huge worry.
I'm going to call my trustee this morning - hopefully they'll be in a good mood lol

Let us know how you get on rennaz23.

If you're struggling with your budget it might also be worth asking for a copy of the "income and expenditure" that they're using to calculate your monthly payment.

No harm in checking it for accuracy and/or whether any of your more fixed costs (like utility bills for example) have increased since the trust deed began.

Hi Rennaz23

Like you I very rarely post on this forum but love reading it. When I read your post I had to reply back to you.

I do exactly the same job as you and I was in exactly the same situation as you 4 years ago.

By the sounds of it we work for the same company but I may be wrong.

I entered into a trust deed 4 years ago and lot happened financially through that tie. I kept my trustee informed every six months as told her exactly as it was with me financially. EG. Other bills kept creeping up (unexpected) and I had no choice but I had to use all the extra money I had to cover them. Every months earnings were up and down as you know and I couldnt keep up with regular payments to my trust deed.

I eventually had to reduce my payments but my trustee was great and told me anything I owed at the end my trust deed would just get extended. It eventualy got extended by 6 months. I was discharged last september and it's great.

I had the exact same worries as yourself but you do get through it. ow that all that debt has gone forever I,m 33% now.

If you want to PM me feel free to talk.

dont panic it will be fine..x

Welcome to the forum starbucks88.

It's really kind of you to share your experience and support with rennaz23.

It's wonderful when the forum works like this. There's a huge number of people reading it every day (most never post here) and I think between them/us there's probably not many questions that cannot be answered by pooling that combined knowledge and experience.

Hi starbucks88 and Trust Deed Assistant

Thank you both so much for your support and for sharing your knowledge and experience with me.

Starbucks88 I probably do work for the same company as you - was it the lack of Part time by any chance? lol

I spoke to my Trustee today who (I'm so relieved to say) was just lovely and told me not to panic and that we would do another income/expenditure form and that my Trust Deed is due it's annual review anyway.

He's just said exactly as you both have in that bills change etc and as long as my income matches my outgoings nothing shall change.

If I need to pay more then we could talk about it and see what can reasonably be done.

Thanks so much again, it's a weight off my mind to know that there is a little movement and light at the end of the tunnel.

[:)]

Sounds like your trustee is willing to use a bit of good common sense about how they deal with these things - always refreshing to hear.

Hi rennaz23,

Your first post ended with an unhappy ;- ( and you advised that you were feeling majorly stressed. Having worked my way down the thread reading the words of advice from both the TDA and starbucks88 it's really good to see that you are now feeling much better about things and have ended that post with a happy smiley face :-).

As TDA said that's the best bit about the forum. Through a combination of expert opinions and also forum users who have been in a similar situation most problems and concerns can be resolved in a positive way.