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Scottish Trust Deed Forum
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Topic starter
13/04/2010 8:32 am
Hi Guys
I am due to make the lasy payment to my current trust deed in July 2010, having entered my trust deed in July 07... My question is simply what happens after my final payment.
I have no equity, living in a council house, still having the same car I entered into the trust deed with little to no resale value etc...
Is it simply a matter of contacting my trust deed advisor and thats it... or should I expect any suprises once completed ?
13/04/2010 9:36 am
Hi dovenstone and welcome to the forum.
Congratulations on nearly having completed your Protected Trust Deed.
What is your car worth do you think? Were there any discussions about the car when you started the Trust Deed?
It does sound as though everything should be pretty straightforward for you.
After the final payment is made your Trust Deed company will need a few weeks to deal with the administrative processes involved in, for example, making payment to the creditors.
It might be a good idea to contact them and have them explain to you how it will all work and how long they expect it to take.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
