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Scottish Trust Deed Forum
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Topic starter
03/02/2014 4:22 pm
What unsecured debts can be included in trust deed? I have £400 outstanding on a bill to a PPI company, can this be included?
03/02/2014 4:26 pm
Hello Stevies1980.
Provided that this debt did/does exist on the date that the trust deed is signed then it is included.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
03/02/2014 4:43 pm
Hi Stevies1980
The (very) general rule is if the debt existed at the date the trust deed was signed, then it is included. Some exclusions including court fines etc, but PPI commission will be an unsecured debt like any other.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
03/02/2014 4:44 pm
Thanks, should be signing on Thursday, had totally forgotten about it until receiving a letter from debt collection agency about it.
03/02/2014 7:50 pm
That's good timing to remember.
Make sure your trustee is aware in advance in case it changes anything. For that sum of money I very much doubt that it will.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds
