Just out of curiosity what is the success/fail rate for creditors accepting individual's circumstances?

Also, would resigning from work related stress go for or against you?

I obviously can't know about the experiences of other firms, but I think it is very rare for creditors to object to the trustee's recommended way forward in our cases. This is probably because we would always look to achieve a balanced outcome, which takes into account the interests of creditors as well as being fair to the debtor too.

In answer to your second question, I can't see that it could ever really be helpful to your Trust Deed if you are giving up work, but if it is justifiable on health grounds and can be backed up with evidence then it wouldn't necessarily mean that your Trust Deed would fail. It would probably depend upon how long you had been contributing to the Trust Deed, whether creditors would be getting anything close to what was originally proposed and how well you had kept up to your responsibilities up to that point.

Surely, they must be a minimum percentage of your debt the creditors are looking for in order for them to be happy. Seems like a third to me reading other stories people who have been debt free after 4 years of contributions.

The way I see it if it's unavoidable then you shouldn't be held accountable. Work stress, or an injury physical or mental is not what I expect when working for any company but is more frequent nowadays than ever before.

I guess the evidence would be a medical report or certificate or a conversation with your doctor, CPN or health professional?

Do you mean at a minimum percentage at the start of the process, when the Trust Deed is being proposed? Or after that, ie whether creditors will allow a Protected Trust Deed to continue despite a change in circumstances?

Both answers please. This is great this forum.