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Paul is right, you would really need to check with your trustee to get a definitive answer as to whether they still hold an interest in your property....

Thanks Craig, it's great to hear your story. There are undoubtedly very many people out there making themselves ill with worry that will take a lot o...

This is an all too familiar problem with guarantor loans, but is unfortunately just the nature of the beast. The whole point of guarantor loans is tha...

I don't think the total amount looks too far from what I would expect to be honest. It will likely include interest on the debts at 8% per annum too,...

There are obviously a few factors for you to take into consideration here, so all the more reason that you take your time and look at this choice care...

is the £12k being offered the total between the two of you, Tom? ie £6k each? Trust deed assistant makes a good point about the fact that fees in ...

There are guidelines as to how a monthly contribution payable to a trust Deed must be calculated. This can include some flexibility to account for in...

I am not aware of the situation having changed, so I think it still stands that you are not allowed to have Continuing Power of Attorney while subject...

If you do go down the bankruptcy route and then subsequently start working, even part-time, then your trustee will have to assess your new circumstanc...

A lot of good advice already from David, but just to take a step back can I check, is your home jointly-owned together? I am assuming so, but worth a...

There is still almost £3k unaccounted for if my maths is right?? It would be very unusual to have to pay 20% interest on the debts. Technically it...

Do you think your circumstances are likely to change at some point, Rinskil? The "do nothing" route is an option, but if you are likely to start work...

A trustee can choose to terminate a Trust Dreed if someone is not complying, eg not making their payments. Quite a risky way of forcing a Trust Deed ...

I'm a bit confused. Are you saying that due to a six-month payment break they have extended your trust deed term by 12 months??

That's good to hear - thanks for the update!