Trust Deed Forum - trust deed creditors
Home Home Page

Trust Deed Forum
Trust Deed Forum
Home | Profile | Register | Active Topics | Members | Search | FAQ
Save Password
Forgot your Password?

 All Forums
 Trust Deeds
 Scottish Trust Deed Forum
 trust deed creditors
 New Topic  Reply to Topic
Author Previous Topic Topic Next Topic  

New Member

4 Posts

Posted - 01 July 2020 :  14:37:56  Show Profile  Reply with Quote
HI Can you tell me if this is true
i was told if i contact my creditors and offer them a final mutual payment to write off my debt for example if i owe a company say 2000 and i contact them and say i can afford to pay them 200 to clear the account can you do this while on a trust deed so your trust deed ends early


TDA (Debt Adviser)
Trust Deed Expert

13429 Posts

Posted - 01 July 2020 :  15:46:54  Show Profile  Reply with Quote
Hi john66.

I'm afraid this is incorrect.

All payment must be made through your trustee and (in almost all cases) your trust deed must run for a minimum of four years.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds    
Go to Top of Page
  Previous Topic Topic Next Topic  
 New Topic  Reply to Topic
Jump To:
Trust Deed Forum © 2008 - 2020 Go To Top Of Page
Snitz Forums 2000

(c) Channel Active Limited. Company Number: 06412452. Data Protection Registration: Z1332750.
Telephone calls may be monitored or recorded. Authorised and regulated by the Financial Conduct Authority., Clyde Offices, 2nd Floor, 48 West George Street, Glasgow, G2 1BP. Tel: 0141 2490416.