As saabrina says, it is theoretically possible that you could end up paying back more than you owe if you enter a trust deed. However, I don't thin...
Yes, if you have surplus income you are expected to pay a contribution in bankruptcy too. Your contribution (Income Payment Agreement) will be paid...
Hi RBSB It was an example of a reason which might be put forward by a creditor. I'm not sure how helpful if would be to speculate further about po...
Interesting questions RBSB It is a legal requirement that anyone who signs a trust deed has to be advised that it may lead to sequestration. Signi...
Nowadays, if you are in DAS and lose your job, or have a change in employment, you can apply for a six month payment holiday. With all of the DAS pro...
Hi Bluerobin What other options were discussed with you, apart from a trust deed? Have you discussed your concerns with the company you spoke to...
Hi Willamena Are you looking at the piece of paper which tells you what can happen after you sign a trust deed? That paper tells you all of the ...
Glad I could help.[:)] That's right, annie. Even if you get the best-paying job in the world (and I hope you do![:)]), if it happens after you've ...
A contribution/Income Payment Agreement (IPA)cannot be put in place after the date that the debtor is discharged from bankruptcy. If an IPA is alre...
I think that StepChange (sic) is CCCS' new name. And I agree with the advice given by Mark and Saabrina.
Ok, so the arrestment wasn't in place when you signed the trust deed. That makes more sense. I know trustees in a trust deed may be able to negoti...
I suspect the 'other forum' might be based in England - going by the comment that "after 6 years money is written off and cannot be chased". Things...
You already had an earnings arrestment in place, and still they recommended a trust deed? Surely that should have been an indication that DAS, or s...
Comments? What's the protocol on an identified expert from this site 'helping' to challenge the actions of an identifiable IP - ******* * ******** ...
I think the question "aimed at anyone who has a TD with Wilson Andrews, or a member of this firm."... has been answered by the post from Barry Stew...