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There shouldn't be any reason for your Trust Deed to be extended if a change in your circumstances means that you cannot afford to meet your monthly c...

Hi Jardi88 You need to ask your trustee for a breakdown as to how they have worked this new contribution amount out. Hopefully there will be a misun...

Hi Charles07. Did you advise your Trustee when you lost your job? They should be making allowances for that and freezing your payments if necessary ...

Looks like it , Paul. Always good to see that our answers are consistent when that happens though!

Hi Louiseinedinburgh. You are asking all the right questions, which is a good start. I' not sure if it is comforting or not but the situation you de...

If it is your copy of the Form 4 - annual report to creditors - that you are looking at, then the date will be when the Trustee expects to get his/her...

I guess it is possible that they didn't actually examine your credit report until some time after they ran the credit check, or it got referred on to ...

Hi Davie1. When you ask whether it will go against you, are you meaning in terms of your credit rating? If so then the answer is probably yes, but a...

Hi Downonluck94 It worries me that you say the adviser you spoke to never took your car payments into account when working out your repayments. Are y...

I'm afraid that DAS isn't likely to be a viable option for you in that case, as it would take over 20 years to repay your debts at that rate. It seem...

Hi wheredoIgo. I know things must seem pretty bleak for you financially just now, but there really will be a way forward for you to get things under ...

It's interesting that you say "Trust Deeds are not a good solution for smaller creditors". It's not that I disagree, as creditors do usually end up w...

Hi Aloootka The most important thing at this stage is to work out what you an afford to pay to your debts based on a realistic budget being set aside...

They will show as being settled/satisfied, though I think a date of default will still show too. The fact that you had a Trust Deed will also show ...

Hi freshstarterG. Have you been through your budget with a specialist debt adviser yet? How much do you reckon you can afford to pay towards your deb...