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Scottish Trust Deed Forum
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Topic starter
26/02/2012 12:34 pm
Hi to everybody at Scottish trust Deed forum.
I'm a newbie and would like to ask a question or two regarding trust deeds.
I am struggling with card payments mainly due to the way some of the card companies have changed their payment structure and also because of the rise in interest rates since I first took a credit card on.
I've been going over some of the rules about trust deeds and I'm concerned that I already have a holiday abroad booked for the month of May this year, paid for by my family for me.
As far as I am led to believe, you cannot go on holiday abroad if you take out a td. How do I stand here?
26/02/2012 12:48 pm
You can go anywhere you like if someone else is paying for it,in fact you could go abroad and pay for it yourself if you could save up enough cash!!!
A TD does not prevent a foreign holiday(makes it flippin hard to save up for though).
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
26/02/2012 12:54 pm
Hi dollydimple.
Plasticdaft is right. If you start a trust deed your living budget will be restricted so that creditors get a fair return on what is owed to them. That doesn't mean that you cannot travel though, there are no restrictions on that at all.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
26/02/2012 3:43 pm
Meant to add I'm always available for luggage carrying duties!
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
Topic starter
26/02/2012 9:54 pm
Thanks for the replies folks.. much appreciated 🙂
