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Seafarers earnings deductions

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(@ryanthomson70)
New Member
Joined: 2 months ago
Posts: 1
Topic starter  

Hello,

I am currently on my second year of my trustdeed. I started a new job at sea not long after going into my trustdeed and I am eligible for seafarers earnings deductions as im at sea for more than 6 months of the year. Will my trustdeed take this if I am issued it?

ย 

thanks

ย 

Ryan


   
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Kevin Mapstone
(@kevin-mapstone)
Member Admin
Joined: 15 years ago
Posts: 4246
 

Hi, the short answer is yes, potentially.ย  When you signed the Trust Deed you promised that you would pay as much as you could reasonably afford for the subsequent 4 years.ย  Unless you can justify that the extra funds are required for something else then your trustee should be gathering them in from you.

Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.


   
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