If your house is repossessed while you are in a Trust Deed, then any shortfall from the sale would be included in the Trust Deed. If the sale results in a surplus of funds, then your share of the sale proceeds would be paid to your Trustee and held for the benefit of creditors.
May not be suitable in all circumstances. Fees apply. Your credit rating may be affected.
Free debt counselling, debt adjusting and providing of credit information services is available to customers by contacting MoneyHelper.