Hiya
Im in the process of getting the trust deed going. I have never been receiving calls from creditors until today. I must say they are horrible to get and deal with. Anyway I hope I have dealt with them correctly.
I have informed them im in entering into a trust deed and gave them the company name and the person that is dealing with my trust deeds number. Have I done it correctly? Should this stop me from getting calls from that creditor?
Thanks for taking the time to read and answer.
Hi Amerififer
You have done the right thing. I have been in a trust deed for over a year now and its great not to be pestered by creditors. I only had one persistant company who phoned me every other day regarding an outstanding debit for a credit card. I was so glad when the trust deed was protected and the calls stopped as soon as I told them this. The cheeky guy said to me that it wouldn't be long before the debt would be chased as I would default on the deed. I nearly told him where to go! I take it a lot of people do not complete their deeds according to him!
Thanks for the responses folks.. This whole area of being in debt is new and a bit overwhelming.
Glad to know I did the right thing from those there before me.