Hi The shortfall does fall into the Trust Deed, even if it were not included at the beginning. However, as Kevin says, your Trustee may not be happ...
That is good news Porcupine, but I am surprised as they generally freeze an account as soon as there are problems, even when the CAB write to them at ...
Hi Pinkpig Mark has covered everything fully for you, so hopefully you feel things are clearer. My only concern for you is the lack of communicatio...
Hi Stevie0398, and welcome to the Forum, Your Trustee is correct, any shortfall in the house will fall into your Trust Deed. Assuming you are no lo...
Hi Wull BOS is a bit of a nightmare for anyone with debt problems, however there are others which are more approachable. As Mark said the Nationwid...
Hi jdoey77 As Mark & TDA say, there is no problem with being the Secretary, and if you are not being paid, it is of no interest to your Trustee. Ju...
Hi Rooked I am in agreement with all of the others, it is a nominal sum per house, not per person, and as TDA says it is not always necessary now. ...
Thanks John, that was very kind of you. Now go and enjoy life!
Hi Stressedmum, As already said by the others, it would much easier for you just to ask your mum not to transfer any ownership of the property to y...
Hi Chopper I have to agree with all of the above. Although your disposable income has reduced, it was through your own choice and the Trustee still...
hi stressed out, porcupine is correct, you do not need to be behind in your payments to enter a trust deed. However, before an earnings arrestment can...
Hi Juliej1612 I hate to appear controversial, but I disagree with a lot of what has been said regarding your situation. If you were in a Trust Deed...
Hi Stevie0398 As TDA says, let your Trustee know and this shouldn't cause you any problems. The shortfall just becomes a creditor in your Trust Dee...
Hi Lynne.... so good they named you twice..sorry!!
Hi Lynn Hi Lynne, I have been on holiday, so I am just catching up with forum again. I know this is very fustrating for you, however, it can ...