Notifications
Clear all
Scottish Trust Deed Forum
7
Posts
4
Users
0
Reactions
1,237
Views
Topic starter
13/11/2011 3:41 pm
Hi !!! this is for all you guys thinking of joining a trust deed , its the best thing ive done . i know its not for everybody but ,it will give you less slepless nights and ulsers which i got , i am now on my last review which will come in november , quetion is will they ask for 1 now and 1 more at the end of may 2012 when i finish as its more or less 7 months untill i am finished mine , reason i ask this i will have the chance to work a couple of extra weeks before i finish and i was just wondering if my trust deed do a final review for the whole 3 years and , they will see this exra money come in and i would put me in hold as i have had nothing in the last 2.5 years which i have not had nothing , i would hate to take the extra work and have to go bankrupt for my action please adive regards sharkey
j shark
13/11/2011 6:40 pm
Hi sharkey.
I'm glad to hear that a trust deed has been a good thing for you.
Congratulations on reaching the final stages.
I'd guess that your last review is coming up now. Having said that, if you have the chance to earn some extra money before your discharge I'd have a chat with your trust deed company about it. They may well be happy to let you keep an amount that makes the extra work worthwhile for you.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
14/11/2011 1:30 pm
The only reason there would be a problem would be if you had been earning extra all along without disclosing it. Worst case scenario, you do extra work and they ask for more from you for that period.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
Topic starter
14/11/2011 1:44 pm
well thanks TDA & kevin for your reply, as its so close i dont wont to chance it , as i was not sure if they do a review at the end of your trust deed, for the whole 3 years thats was all my concern was>>> keep up the good work you all do on the website , i will be back posting soon and cant wait to get the form 5 that will be a day i can promise will be the making of me thanks
j shark
Topic starter
14/11/2011 2:03 pm
hi guys another question is when the 3 years are up, and you have completed your obligations , do you stop paying the drust deed while your waiting for your form 5 to arrive or do you keep paying untill you have been discharged thanks
j shark
14/11/2011 2:05 pm
Hi sharkey.
Normally you'd just stop making the payments into the trust deed. It might be a good idea to call them, tell them you've made the last payment and just double-check that they agree the payments are complete.
That will also give you the chance to ask how long your discharge should take.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds
14/11/2011 3:00 pm
My 3 year PTD is just about up and best advice I can offer is share this propsect with your trustee - he or she can be your very best friend or worst enemy and keeping them posted when you have questions like this is the way forward.
