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Scottish Trust Deed Forum
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Topic starter
20/01/2013 11:01 pm
I applied for a Trust Deed and was given a knock back and then had to pay £100 to become bankrupt. I've paid £200 being bankrupt for las 3 years and my payments are now finished. Can anyone tell me if I should have been paying that money for last 3 yrs given I was made bankrupt and not on a trust deed?
20/01/2013 11:43 pm
Yes, if you have surplus income you are expected to pay a contribution in bankruptcy too.
Your contribution (Income Payment Agreement) will be paid over three years maximum.