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I have a trust deed signed last friday. unsecured creditor agreed 200 payment so that no action be taken cant pay them as in trust deed. their letters state they might take bankruptcy proceedings they will know about trust deed next week. debt was 2698.00. worried as want trust deed to get protected.

2007-07-31 10:14:23 · 1 answers · asked by cackle01 1 in Business & Finance Credit

1 answers

I suspect that once they find out you are trying to 'ring fence' your assets they will go to court to have the Trust Deed set-aside ....
... so you had better have your arguments ready

2007-08-02 03:34:12 · answer #1 · answered by Steve B 7 · 0 0

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