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What are the Disadvantages to having a Protected Trust Deed?

April 26, 2017deed disadvantages protected Trust

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What are the Disadvantages to having a Protected Trust Deed?

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You will need to discuss what you should do if you have equity in your property or valuable assets. As with all forms of debt management you will find that your credit rating will be affected by being in a PTD. Unless you make sure that you make all of your payments correctly and on time you will fail your PTD and may run the risk of being sequestrated.