Thread: DEBTS
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Old Aug 11, 2006 | 09:29 PM
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PeterD
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Joined: Nov 2005
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From: Edinburgh
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yes mate you can get a trust deed which once protected will then freeze your debt at that point stopping any further claims, then once cleared will see the end of your debt.

Easy way out

But then your credit rating will be shafted for ages and that mortgage your after will rape your arse more than any saff will.

after a few years it will start to revert but youll spend a while getting shafted for credit, but youll be debt free.

it is a trade off mate, ask around there will be folk who've done it and a citizens advice place will help. read up before you do pal.

Cheers

Pete
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