Trust Deed What Is

trust deed what is
Question: Trust deeds in Scotland???????

How do these trust deeds work? And will it affect my wages from my 2 part time jobs and will they take away all our belongings and our baby's belongings? It is my husbands debts and he is thinking about doing this for bills he has now and for bills from a long time ago and they are just impossible to pay off as he works on a boat and does not get regular pay and it is a different amount every week and when it is bad weather they don't go fishing at all and if they don't catch anything they don't get paid so the direct debits don't get paid so they charge us and then the bloody bank charges us so his next pay gets eaten up by charges and we just end up in a right state again sorry rambling on now.

Debts are over £30000 not sure by how much could even be over £40000

we don't own our own house, car etc

I think this is our only option anyone with any advice or has been through this before please tell me what happened to you

cheers

Answer: Ask at the CAB

Trust Deed Investing vs. Purchasing Real Estate


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