Welcome to the trust deed forum Elaine.

From this information provided you appear to have been poorly advised at the start of the trust deed process.

Following the advice of your trustee makes sense.

So I should continue to pay my creditors some monies until the trust deed is protected then? Will this not go against me when trying to protect the trust deed if my creditors find out before hand that I am in the process of entering into one?

Hi Elaine.

Your trustee is much closer to your situation than we are so when this question arises we tend to advise following his or her advice.

Hi Elaine

You should not pay any creditors after the Trust Deed was signed.

Mark

Hi Mark, That is what the man told me when I signed the paperwork in my house. The IP is now telling me there is more paperwork to sign and that I should make payments that I can afford so I am unclear as to what I have signed now as i thought the documents I had signed were the trust deed and all I was waiting for then was the protection.

Hi Elaine

This type of situation is exactly what 90% of the warnings are about.

The Trust Deed should be a clear concise process where nothing is signed at the first meeting and only when you have everything fully clarified. It is extremely important that you find out what you have signed. I could take a guess at the company involved, but won't.

Mark

The company was Trust Deed Scotland I spoke to is this a dodgy company and if so what can I do to get into a reputable TD?

Hi Elaine

Re my earlier post, best call your trustee and find out what has been signed and what needs to be signed ( if anything) and direct any concerns you may have to your trustee. I'm sure they wi be able to resolve matters.

Mark

So normally a trust deed would just require paperwork signed once & no additional paperwork signed?

Hi Elaine

It's difficult to comment as I don't know what was signed, hence the reason you need to clarify exactly what you signed. Once you ascertain that, Im sure things will be clearer.

Mark

You have has very poor advice. You do need to clarify exactly where you are in this. If you have not signed the trust deed then you are free to move to another company, so check with your trustee ( or not quite trustee as the case may be!).

On the bright side Elaine, if you are not already in a trust deed, then the overdraft mentioned in your other post can now be included[:)]

I started the process with Trust Deed Scotland and have since been passed onto 2 further companies thoughout the process I am not sure who to trust!

Hello Elaine.

I think we need to be careful about using words like "dodgy" about named companies without substantiation, and also point out to readers that there are number of websites running with names which are variants of trust deed Scotland.

You do need to find out what you have and have not signed at this point. Please let us know once you have made that call and I'm sure we'll be able to help further.