trust deed

[con123]

is entering a trust deed a smart thing to do

[scorpio61]

depends how much you owe and if your a property owner. The obvious advantage is that all interest is frozen and the outstanding debt is written off after 3 years. As far as I am aware they are still not registered with the credit ref agencies but obviously the credit companies will issue defaults, which are.

If you own a property try and release any equity at the beginning or if you have little.no or minus equity to start with, borrow,beg or steal �500 and offer it towards the deed on condition the house is not taken into consideration after that.

Need any more info, visit the website www.chambersmoore.co.uk