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Debt Advice Forum Forums Debt Solutions Trust Deed In a trust deed and lost my job

This topic contains 7 replies, has 3 voices, and was last updated by  Debt Consultancy Service 4 months, 1 week ago.

Viewing 8 posts - 1 through 8 (of 8 total)
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  • #605

    Shaun Connelly
    Participant

    Hi,

    I’ve been in a protected trust deed for almost 2 years now but i’ve lost my job due to no fault of my own what will happen to my trust deed?

    #607

    Hi Shaun,

    Your best option is to speak with your insolvency practitioner who will likely give you a payment break to give you time to get back into work.  Your trust deed should just be extended to allow for the payment break.

    Do you think you will be back in work within the next few months?

    #608

    Shaun Connelly
    Participant

    That’s a weight off my mind, i don’t know how long i’ll be out of work but hopefully i can buy some time.

    #609

    That’s exactly right Shaun, even if you’re not sure how long it will take to get back into work it’s worth buying yourself time. Let us know how you get on.

    #634

    Shaun Connelly
    Participant

    Thanks Debt Advice Forum,

    I spoke to my ip and they done exactly what you said and put my trust deed on hold for 2 months which should be long enough to get back into work.

    #635

    Great i’m glad to hear you’ve got some time to get back into work. If you don’t manage to get back into work or have any other issues you can always find us here.

    #640

    Shaun Connelly
    Participant

    Thanks i will come back if need be but hopefully i should be back in work soon.

    #1651

    Shaun,
    <p style=”box-sizing: border-box; margin: 0px 0px 22px; padding: 0px; font-family: ‘Open Sans’, ‘Helvetica Neue’, Helvetica, Arial, sans-serif; font-size: 14px;”>Your situation sounds concerning and I would like to help you.<br style=”box-sizing: border-box;” />I am a debt expert advisor; you can call me at my office – 01392 911000 and we can discuss this through and hopefully help your situation.</p>
    <p style=”box-sizing: border-box; margin: 0px 0px 22px; padding: 0px; font-family: ‘Open Sans’, ‘Helvetica Neue’, Helvetica, Arial, sans-serif; font-size: 14px;”></p>
    <p style=”box-sizing: border-box; margin: 0px 0px 22px; padding: 0px; font-family: ‘Open Sans’, ‘Helvetica Neue’, Helvetica, Arial, sans-serif; font-size: 14px;”>Alternatively, if you would prefer to email me, at Debt Consultancy Service, you can by visiting http://www.debtconsultancyservice.co.uk and going to the contact us section or by direct email: Charles@debtconsultancyservice.co.uk.</p>
    <p style=”box-sizing: border-box; margin: 0px 0px 22px; padding: 0px; font-family: ‘Open Sans’, ‘Helvetica Neue’, Helvetica, Arial, sans-serif; font-size: 14px;”></p>
    <p style=”box-sizing: border-box; margin: 0px 0px 22px; padding: 0px; font-family: ‘Open Sans’, ‘Helvetica Neue’, Helvetica, Arial, sans-serif; font-size: 14px;”>Looking forward to helping you,</p>
    <p style=”box-sizing: border-box; margin: 0px 0px 22px; padding: 0px; font-family: ‘Open Sans’, ‘Helvetica Neue’, Helvetica, Arial, sans-serif; font-size: 14px;”></p>
    <p style=”box-sizing: border-box; margin: 0px 0px 22px; padding: 0px; font-family: ‘Open Sans’, ‘Helvetica Neue’, Helvetica, Arial, sans-serif; font-size: 14px;”>Thanks</p>
    <p style=”box-sizing: border-box; margin: 0px 0px 22px; padding: 0px; font-family: ‘Open Sans’, ‘Helvetica Neue’, Helvetica, Arial, sans-serif; font-size: 14px;”>Charles</p>
    <p style=”box-sizing: border-box; margin: 0px 0px 22px; padding: 0px; font-family: ‘Open Sans’, ‘Helvetica Neue’, Helvetica, Arial, sans-serif; font-size: 14px;”>Debt Expert Advisor</p>
    <p style=”box-sizing: border-box; margin: 0px 0px 22px; padding: 0px; font-family: ‘Open Sans’, ‘Helvetica Neue’, Helvetica, Arial, sans-serif; font-size: 14px;”>http://www.debtconsultancyservice.co.uk </p>

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