New Job close to th...
 
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New Job close to the end of TD

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(@beerdrinker)
Eminent Member
Joined: 14 years ago
Posts: 25
Topic starter  

Hi all,

I'd appreciate some advice here....I am hoping to get a new job which would increase my monthly income quite significantly. I only have 5 more payments left on my trust deed.

Obviously my payments would go up, but would they be able to extend my TD period to recover more cash from me?

Thanks in advance!


   
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Mark McFadyen
(@mark-mcfadyen)
Famed Member
Joined: 17 years ago
Posts: 4798
 

Hi beerdrinker

No, it is likely that they would increase the payments, but only for the duration of the Trust Deed.

I think any other way would be a wee bit unfair and totally unjustifiable.

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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(@beerdrinker)
Eminent Member
Joined: 14 years ago
Posts: 25
Topic starter  

Thanks Mark, that is what I was hoping you'd say.


   
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