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Your questions on bad credit mortgages answered. Private or alternative loans typically have interest rates that rise and fall with the economy. Progressive damage from non-warrantable failure, tightening of fasteners, fittings, hose clamps, and electrical connectors, which are considered to be normal maintenance. The Chapter 13 trustee receives your monthly payments under the plan and is responsible for distributing those payments to your creditors. This is because until the recent decision of the Royal Court in Jersey In the Matter of the Valetta Trust, the legality and enforceability of funding agreements in the Channel Islands remained untested, unlike in the United Kingdom and elsewhere.