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Trust Deeds

I have just come off a Scottish trust deeds it was the best was to solve my 25k debt problem and still got to keep my car and my house its not all that bad and i never had to deal with any creditors.:rotfl:

Comments

  • life is not that bad it was the creditors that keep giveing you money and never asked if i could pay it back
  • hi - were any of your creditors northern rock per chance? Considering trust deed my self but scared Nortern Rock will not agree and it'll not be gauranteed?!?
  • beanielou
    beanielou Posts: 98,276 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Take it you had no equity & a car worth zilch then?
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger.
    One debt remaining. Home improvement loan. 21 months left.
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