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Scottish Trust Deed Forum
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Topic starter
18/05/2012 4:31 pm
I have recently been accepted for a protected Trust Deed. After paying for basics and if I work extra hours, having to pay some of it to the Trust Deed, I am left with nothing.
With hindsight, as my basic wage is less than £130, I think I should have applied for sequestration. Is it possible to do this, or do I have to stick with the Trust Deed?
Thanks.
18/05/2012 5:08 pm
Hi chris.
You'll need to be discharged from your trust deed first, so you'll need the support of your trustee.
One to discuss with them at this stage I think. If your trust deed began very recently there could be some challenges in exiting from the commitments you signed up to.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
