Hi all I am a new be and I am sitting in front of trust deed forms (yellow there is a mistake on my paperworkwhch i will need to get them to correct... but hey ho anyone got any advice for me and i am questioning that i am doing the right thing ??? not sure [?] thanks
Anyone with advice about the process and wether you have felt better from doing it ! i would gratefully recieve any ... it seems like a good solution ? as i am struggling just now ..
Welcome to the trust deed forum 2bedebtfree.
Starting a trust deed is a big decision so it's very sensible to gather lots of information before you commit.
Could you tell us a little about your situation so we can offer some thoughts to you?
How much do you owe?
Are you a homeowner or do you have any other significant assets?
How much is it being suggested that you pay each month?
Are there any particular concerns on your mind?
I am out the other side and after years of juggling debt can safely say we are in a much better situation because of the trust deed. My only regret is I didnt take action 3 years earlier when the debts were half as much as they ended up being!!
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
You mention you are sitting with the forms, 2bedebtfree. Were they sent out to you by post? If so, have you had the opportunity to meet with and ask questions of a representative of the firm that will be handling the trust deed for you?