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Scottish Trust Deed Forum
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Topic starter
15/03/2021 1:11 pm
Hi,I'm looking for some advice and this seems like the best place. I have been in a trust deed coming up on 2 years can I leave the trust deed and deal with the creditors myself ?
15/03/2021 3:00 pm
Welcome to the trust deed forum BreakFree.
I'm afraid this isn't readily possible because the trust deed is legally binding upon you, your trustee, and your creditors.
Is there a particular reason why you want it to end?
Topic starter
15/03/2021 3:53 pm
Hi, thanks for clearing that up. The main reason was i will be getting some money from the death of my mum.After reading through the forum it looks like I would have to pay well over £40000 for £26000 of debt. I just wondered if I could have dealt with the creditors direct.
Clearly not an option thanks.