It sounds like you're making some good progress Hopeful55.

It's great to see how other forum members are being able to help you by sharing their personal experiences and some reassurances about things which naturally will be a worry.

Hopeful55-I call it the enemy within.You wouldn't treat other people the way you do yourself! Since worry is a picture we choose for the future, ie things which have yet to pass, try finishing the 'what if...' with an outrageously positive imagined outcome. It never hurts and at a minimum, you get some time off from worrying. It's almost never as bad as we worry it will be.

You are right pamjo- people's mind can run away with them. Hopeful55- you aremaking slow progress, and that is great. Small steps will take you there at your own pace.

Thanks Pamjo and Shona - I KNOW what I need to do next, and I also KNOW that at least once i tell my Boss, I'll know what I'm going to have to deal with, (good or bad) whereas at the moment its THE FEAR of the unknown. Can't afford to rush into things - it's taken me this long to get to this great turning point, a few more weeks to get organised with Bank Account/Salary etc is not going to make much difference. I will also no doubt ask a few more questions on this forum with people who like myself are not bad people, only made a lot of bad financial decisions??

What would happen (hypothetically) if I was made redundant during term of TD. eg total debt £65k - agreed to pay £20k via PTD then 2 years into it I get £80k redundancy. This would mean I had paid apprx £13000 (24x£555)- therefore total amount owed from original debt (not including interest of course) £52000. So.........would I get back the difference between £80,000-£52000 = £28000. Or am I being a bit simplistic

Hello Hopeful55.

The maximum you would have to pay (which would include anything already paid) would be:

1: The original debt total.

2: Interest on those debts.

3: The fees and costs associated with the trust deed.

Any surplus would be yours.