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Scottish Trust Deed Forum
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Topic starter
13/04/2012 9:56 pm
Hi i have a question if anyone knows if holiday i can go for holiday for 1 month and save for it while on trust deed, the thing is i have a son abroad and i have to visit him once a year i always go in july for whole month to spend time with him as iwe have good contact, i am not uk person but another eu member national, its quite costly so i was always saving say 35 pounds weekly to go for it once a year, now i have signed trust deed and not sure but i have to go anyway whatever happened i cant just stay cose of trust deed ,its my obligation and he really need to see me.
13/04/2012 11:28 pm
Hi markoni and welcome to the trust deed forum.
You are certainly allowed to go on holiday, and you can also save from the expenditure allowances you will have during your trust deed.
I don't think you'll be granted an expenditure allowance to cover this holiday, so the funding will have to come from cutting back your costs in certain areas. You may also be allowed to keep a percentage of extra earnings that you can generate during your trust deed which might help also.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
14/04/2012 8:00 am
I think TDA is spot on when she says you wont get an allowance for this but if you could save from cutting back any other areas of expenditure that will be fine.
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
14/04/2012 12:48 pm
Hi plastic daft can you tell me how your trust deed ended and what you had to do at the last payment thanks
j shark
15/04/2012 12:33 am
I simply contacted rsm tenon who confirmed my final payment had been received and a few weeks later got notified of my discharge. It was fairly pain free at the end although my trustee still remains in office to tie up all the loose ends and chase up ppi etc(even though I told them there is none).
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
