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Scottish Trust Deed Forum
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Topic starter
26/06/2012 11:10 pm
I've not actually entered a trust deed or filled in any forms as yet but I have been filling in an income and expenditure sheet to see what I can afford. I have debt of about £17500 but think I can only afford to pay between £100 - £150 a month but i'm worried this wouldn't be enough to get accepted. Most of this debt is to one company so they have the main say. I'm worried if this was not to get accepted where this will leave me.
j dyer
27/06/2012 12:09 am
Hi babyd12.
A good trust deed firm or debt adviser will be able to look at your specifics, including your income and expenditure, and give you an assessment of the viability of each of the debt solutions which appear to be available.
In terms of your major creditor, the acceptance criteria they use will almost certainly be known to a trust deeds provider.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
27/06/2012 2:51 pm
There is also the option of extending the term of your trust deed if necessary, in which case what you can afford may be enough after all.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
28/06/2012 10:26 am
Is your disposable income likely to increase at all at any point soon?
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
