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The time now is 06/07/10 - 21:11

Debt to a Trust question


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kristofor
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Joined: 05 Nov 2005
Posts: 3



PostPosted: 06/04/09 - 05:02    Post subject: Reply with quote

I have recently been thinking about the debt to a trust I have. It seems to me that the best thing I can do is to leave it with them. However, as I do not know much about something like that, if anyone could tell me what I should know before I definitely make a decision, that would be great. Thanks in advance.
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husain
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Joined: 20 Mar 2008
Posts: 5



PostPosted: 07/03/09 - 23:47    Post subject: Reply with quote

There are trusts that deal with securitization of assets. Such a type of security usually means that a company made a trust, and that it now has means to issue debts to others. This is clearly your position and I think it is not at all bad. Such a situation offers a lot of flexibility, and allows you to manage your finances with not much worry about the debt you have. The rates by which you pay the debt are flexible as well. I hope you find the information helpful. Best of luck with your debt.
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