Notifications
Clear all
Scottish Trust Deed Forum
4
Posts
4
Users
0
Reactions
2,008
Views
Topic starter
27/03/2014 3:19 pm
Hi al have bn in a td 5 yrs in may though I have still over £1000 outstanding ..and there is no way of me being able to pay this in 2mths...will th trustee demand I pay this even though it may take another 6 mths past the 5 yr mark I thought I was finished any advice b very grateful
27/03/2014 3:27 pm
Welcome to the forum clarky1975.
There's no five year threshold for trust deeds I'm afraid, your discharge can only usually follow the completion of your obligations.
I would suggest that you clarify exactly what's expected of you from your trustee directly as it's their opinion that counts here rather than ours.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
27/03/2014 9:21 pm
Did you miss some of your scheduled payments, clarky1975? I imagine your trustee will expect you to carry on until you are fully paid up I'm afraid.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
28/03/2014 9:59 am
The key thing in the trust deed is to achieve what was proposed to creditors at the start. Sometimes through missed payments etc the time period will require to be extended to meet the final total.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
