Hi,
I’m almost 2 years into my trust deed, and made every payment.
I was appointed a new trustee and new company about 8 months ago. I’m self employed (beauty industry).
My first problem is ....
When I entered into the trust deed myself and my hubby were both employed. It’s my trust deed not his but I know they take all household income into consideration.
We have a son who is very disabled so In sept last year my hubby gave up his work to be his carer. I still continued to work but I never notified my trustee about this change.
I just continued to pay. Our income did go down but this is subsidised by DLA, carers allowance and a universal credit top up so we are doing ok and I can still afford the payments.
Then lockdown 2021 happened and I couldn’t work. Again I didn’t notify my trustee about this as my income was subsidised by a local authority grant (Strategic framework) and I could still afford to make my payments.
My question is ....
I’ve just had a current status form to fill out which I have and told them everything from above. So that’s in the post now I’m worked up and worried I’m going to be in trouble for not notifying them of the above and Also I got the 2k grant for my business and I didn’t tell them. Although it was all spent on rent ect to keep my business premises.
Any advice ??
By the way this is the first form I’ve been asked to fill out in almost 2 years from them.