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Scottish Trust Deed Forum
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Topic starter
15/12/2009 4:51 pm
I was wondering if a payment break can be granted for one month from a trust deed. the trust deed will be finished early 2010 and generally need a payment break. my partner lost her job in may and hasnt been able so far to gain new employment and this has put extra strain on me to pay. we do not get council tax or rent benefit and also my partner has now exhausted her jobseeker conts and doesnt get anything from this. the trust deed is just in my name as are the debts would a payment break be available in this situation.
15/12/2009 4:56 pm
Hello Robert0000,
Welcome to the Scottish Trust Deed forum.
This is really a matter for you to liase with your Trustee; there is no right or wrong answer. Given that you are so far through the Trust Deed and given that there are clear supporting circumstances I'd be disappointed and surprised if the answer was "no".
If the answer is "yes" you will normally need to make additional payments to complete the Trust Deed.
Please let us know how you get on.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
15/12/2009 5:50 pm
Hi Robert0000
Trust Deed Assistant is correct. Best advise the Trustee of the position and request a break.
I would be surprised if there was any problem.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
16/12/2009 2:17 pm
thank you both very much for you quick reponse and i will get on to my trustee right away. thank you again. just got news back from the trustee and they have granted me a payment break thank you again for your help
16/12/2009 4:02 pm
Thanks for letting us know Robert0000.
I'm very glad to hear that common sense has prevailed.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds
