I was put in a trust deed in 2023 for a debt of 8,700 with income of 35,400 and no assets. I have since increased my income to 60,000 as I entered it quite young.

I didn't know how much of it would be fees. I knew there would be some, but did not think it would be that much. I called whoever I could because I was panicked and felt like I was drowning.

It provided a bit of relief at the start, but I didn't know how much it would affect my life. I read it would "negatively impact credit" but I didn't know just how much. It doesn't feel like I have "bad credit" it feels like I am not even allowed any credit, even a phone plan.

We have a notice to quit from our landlord because he wants to move a family member in, though conveniently after we said about an underlying issue that needs repairing. We have tried to look for properties and get rejected constantly. We then went with private landlords to explain the situation, and they would smile and node and say they understand. We would offer to use a guarantor company like RentGuarantor, but still hear nothing just silent rejections.

We can't go to social housing because I earn too much, I can't go to mid market because I earn too much. I can't make a final settlement because of their stupid fees making a debt of 8.700 balloon to almost 15k! If it were England I could make a reasonable final offer but that isn't a thing here anymore.

We are at risk of homelessness, my job is remote and cant work in a hotel or b&b, we have cats... I'll probably lose my job and have to give away our cats.

All because of being pushed into this trust deed with no assets. If anything is reading this and considering it please know it will be impossible to find a house to rent. Our car also broke down and sure we could "extend the payments" for another year so I could save up for a car but that's ridiculous when it's just filling the pockets of Bankruptcy accountants. I can't get leasing, pcp, hp, any type of car finance so I cannot drive my disabled refugee wife to any appointments.

The insolvency company are basically uncontactable, it takes months to reply if they even do, from south asian support lines via email. It is essentially impossible to have meaningful communication with them