Going into my last year of being Bankrupt, there was a change in my wages again losing more money, eventually contacted my trustee who said you cant afford the payments anymore so I was told to cancel standing order. I have equity on my property which I have to start paying at he end of October, which I have to prove how Iam going to pay it back, so my mother is going to pay the monthly payments for 2yrs rather than having to sell my house, Thanks Mum don't know what I would without you.
Hi graham
the bank of Mum & Dad is the one we all fall back to. I think we've all been there.
If the payments from your Mum will be equity payments, it may be an idea ( with the agreement of the trustee) to start these ASAP. That way it all end earlier.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Have to put everything in writing , hoping to get the payments started very soon
Well done mum for coming to the rescue!
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.