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| The independent answer to your debt problems | login join |
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| 18-10-2008 07:52 PM |
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Joined: 09 Aug 2008 Posts: 5 | Hi there, can anyone please help me, i'm just over a year into my trust deed and my boyfriend has suggested that we get married next year by which time i'll be two years down the line with my trust deed. Obviously it'll be a small affair as he would be paying for it. This might sound like a silly question but is it ok to get married whilst in a trust deed? are there any rules or restrictions that may apply? I just want to make sure i'm doing things right. I also assume that as the debts are mine they will stay mine and my partner will not be affected by them? He is also looking into buying a house, totally in his name and mortgage in his name only, so i assume if i moved that i would just notify my trustee of my new address and what i pay towards bills etc? Thanking you in advance for taking the time to read and reply, i just find this whole thing a mine field as far as information on it goes. |
| paladin | 19-10-2008 11:02 AM |
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Joined: 06 Jun 2007 Posts: 240 My Profile | Hi Buttons, Welcome to the forum and congratulations. Your marriage will not have any impact your Trust Deed. You're right when you say that your debts are yours and that does not change in marriage. Were you living with your partner when you entered into the Trust Deed. The reason I am asking is that if you weren't living with your partner your disposable income would be less than it would be if you were sharing your living expenses. Your Trustee may request a review of your income and expenditure when you move in together. Hope this helps and good luck for the future. P |
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| 19-10-2008 11:17 AM |
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Joined: 09 Aug 2008 Posts: 5 | Thank you for the advice really helpful. No we don't live together at present as he lives away with his work but i'd assumed that my amount would change once we moved in together and find out what i'd be paying out after we'd halfed the bills. Thanks again |
