Hi Pinkveggie.

So long as you keep up the payments your trust deed should be fine.

Getting some help to get an affordable repayment plan in place on the new debt sounds like a good idea.

Thanks so much TDA 🙂 You have saved me a sleepless night!

I'm glad about that Pinkveggie.

I do hope that you can quickly get some type of arrangement in place.

Hi Pinkveggie,

Like TDA has advised if you are able to maintain your agreed payment to the Trust Deed then this won't fail.

Sometimes a letter from the Citizens Advice can carry a little more weight when negotiating with a creditor and they pay more attention to it.

Is your Trust Deed payment affordable for you given the change in your circumstances and reduction in income? The last thing I would want as an advisor is someone really struggling to pay their payment to the Trust Deed and as a result find themselves getting back into debt again.

Thanks David, yes the payments have been adjusted thank you, its all going to change again so we will see

I will get in touch with citizens advice and get it sorted

Thanks again for peace of mind and i am off to get sorted, I cannot wait until this is finished!