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Scottish Trust Deed Forum
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Topic starter
28/05/2013 8:27 pm
Hi all,just about to pay my 21st trust deed payment with 15 left to go,I've had 1 yearly review so my next one prob just a couple of months away and then hopefully it will fly by to the end.
Paying 217 per month and had a scare when my works overtime was almost wiped out but I'm still managing to pay the full amount each month with help from family as i want this over and no longer than the 36 months as agreed.
Will be such a relief when its over so to everyone else who's in a similar position keep going,its going to be worth it!
28/05/2013 9:05 pm
On the home straight, juventus74. I look forward to reading another post from you in 15 months time and wondering where the time went!
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
28/05/2013 9:07 pm
I pay £170 a month - last payment is due on the 1st of June. It's not sinking in yet that I'm about to become debt free as I didn't have a very good time at the start of the trust deed. Signing the trust teed and it becoming protected was the tip of the iceberg.
A question for the Experts on here. Just out of interest have any of your cases ever returned to sign another trust deed after getting into a mess again? I know it would be hard to get credit but not impossible.
28/05/2013 9:28 pm
I've certainly assisted people who have had trust deeds previously, though never one with ourselves before. I guess 2nd-timers maybe tend to go elsewhere for their next one, rather than the embarrassment of going back to the same place again!
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
Topic starter
28/05/2013 9:31 pm
Good on you sparky1,i know when i reach that stage it will defo be a weight of my shoulders, well done!
Topic starter
23/09/2013 10:40 am
Well my 2nd yearly review passed by with no problems and now starting my last 12 payments to my trust deed.Hoping it flys by then can look forward to a better future for my wife and 3 young kids with no major debt worries like before.
Great stuff from this site btw and lots of useful information to read,heres to the last 12 months!!
23/09/2013 10:45 am
Other than having mine extended by my company I am debt free guys, 36 months and what a relief, keep going, there's months where things are tough like Christmas etc but its so worth it. I for one will certainly never need another one, lesson learned...
I faced redundancy etc during mine..
Keep going!!!
23/09/2013 11:00 am
Well done Juventus74 and cbkerr.
I'm sure reading your posts will offer a lot of encouragement to forum readers that are facing up to dealing with their debts for the first time at the moment.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
23/09/2013 1:59 pm
Hi Juventus74
Glad it's all going to plan.
Hopefully the time has pretty much flown in so far and hopefully this will be the case for the remaining months.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
23/09/2013 2:11 pm
Will be glad to close this chapter of my life once and for all,prob one of the best decisions of my life,facing my debt problem head on, and this time next year it will be near done so hang on in there folks you wont regret it
23/09/2013 10:20 pm
Agreed!! I'm due to finish next September but will probably be extended slightly to cover the equity in my car. I just cannot wait, the end is in sight!!
L Campbell
24/09/2013 9:15 am
Hi Juventus74,
Well done on coming this far in the Trust Deed. It sounds like it's worked as it should have and with 12 payments to go before you know it you'll be debt free and discharged.
It's also good to hear from you cbkerr regarding the successful completion of your Trust Deed, well done.
I'm sure you will be counting down the months prenticebaby and this time next year the end will be even more in sight. Has it been confirmed how much your Trust Deed will be extended by at the end for the equity in your car? Was this agreed at the start?
It's really encouraging to read the positive success stories regarding Trust Deed's. If the time is taken at the start of the process by verifying the value of any assets and by everything being confirmed in writing then a Trust Deed should run fairly smoothly and without any surprises.
David is not currently posting in the Trust-Deed.co.uk forum
24/09/2013 7:21 pm
Hi
The car will be valued at the end of the TD and anything over £3000 will be paid. Hopefully it will only be 3 or 4 months max!!! This time next year yippee. Thanks to all you guys on here for continued advice and support on our TD journey.
L Campbell
25/09/2013 1:18 pm
I have seven payments to go......the end is in sight... Bet it will seem like the longest 7 months of my life!!!!![:D]
