Hi fs1985 A trust deed can be very helpful, even if you own your property, but it's essential you get really clear, accurate advice about any impli...
Hi TDA - my only agenda is to ensure that people receive good quality debt advice. Yes, I know more than most on this subject and if I raise any quest...
Thanks TDA. I agree with and share your fear that companies who are taking this cavelier approach to equity are definitely storing up problems for the...
Hi Hazel - please be very careful for a number of reasons: A. Trust Deed Scotland. The clue is in the name of the company. They get paid if you sig...
Thanks for sharing your story Ginger. Are you able to share a little more about how this has helped you? How much have you been able to reduce your...
Hi bigred - how did you get on with this? Have you been asked to pay more and/or extend your payments?
So if I'm understanding your responses correctly, the position for bigred is: 1. If the trust deed is not yet signed and advertised, no big deal, h...
Not sure I agree with an extension either in this situation, TDA. Surely someone signing a trust deed has a responsibility to pay what they can for th...
David, why would bigred be asked to increase his payment? Presumably s/he has been assessed as being able to pay a certain amount per month and if the...
Thanks David. Can you explain your last paragraph? When you say the property is going to be at significant risk, does that mean if the person can't ma...
David, with the approach you've outlined, let's say someone had £60,000 of debt, can afford to pay £200 per month at the very most to their debts and ...
Hi MK, sorry to hear you are struggling. If the gas/electric is up due to wrong readings, do you have arrears and that's why your payments have gon...
Hi Pat, the notes for guidance for trustees state that a property valuation should be obtained by a qualified surveyor and 'should be specified as the...
Oh, and a third thing - the only way to be sure about the house is to get a survey by a surveyor. Basing value on an estimate in the area is not accur...
Hi thegwa, this is probably not what you want to hear, but I think you should seriously considering cancelling whatever arrangements you have with thi...