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Scottish Trust Deed Forum
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Topic starter
13/02/2010 8:52 pm
Hi there
I currently have a Protected Trust Deed in place for debts of ?ú9000. I earn 13 k a year and pay ?ú110 to my IP. Been offered an interview for a job with a salary of ?ú22000. What sort of increase in contributions would I be looking at if I had that salary? My fees for IP are ?ú2400 over 3 years. This job is less secure than my current job however I don't want to waste time travelling to the interview (in Edinburgh - i'm in the South West) if my contributions are going to be really high as I don't have much left at the moment after paying my rent,travelling etc. thanks
13/02/2010 10:40 pm
Hi rockyroad,
Your Trust Deed contribution will normally be the amount you earn in excess of the amount that you need to cover your essential expenditure. As such your contribution each month would probably increase quite a bit in these circumstances.
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