Recent Posts
 
Notifications
Clear all

Recent Posts

 |  Forums  |  Topics
Page 1 / 2
Posts with their shortened content
New and unsure  

By Skint4now, 10 hours ago

  Evening everyone. Just signed up as I have somehow allowed myself to overstretch my finances, I spoke with a company called PayPlan who ran through a budget and recommended I go through a process call...
RE: Trust deed or DAS not sure  

By Gracelynn, 2 days ago

  good work to clarification
RE: Wage increase  

By Gracelynn, 4 days ago

  Yes, you should inform your trustee about the increase in your wage, as well as any changes in your expenses. Transparency is important in managing a trust deed, and your trustee needs to be aware of ...
Kevin Mapstone RE: Trust deed satisfied  

By Kevin Mapstone, 2 weeks ago

  Usually within a couple of months of when your payments end. Some firms may e quicker and others slower though.
RE: Trust deed satisfied  

By Bgm82, 2 weeks ago

  @kevin-mapstone Hi Kevin thanks for your reply. It showed on my ClearScore and when I signed into Equifax it had the start date of my trust deed, and then an end date and marked as satisfied. Also som...
Kevin Mapstone RE: Trust deed satisfied  

By Kevin Mapstone, 2 weeks ago

  Hi Bgm82. If you have officially completed your Trust Deed then you should have received a Form 5 discharge certificate from your trustee. The Register of Insolvencies will also have been updated to...
Trust deed satisfied  

By Bgm82, 2 weeks ago

  Hi, Just looking for some help. I got an update on my credit report, it was noted as a CCJ. when I looked into it further it said that my trust deed was satisfied on 6th of May, my final payment wa...
RE: Selling House  

By nm89, 3 weeks ago

  @smit0310 There's a potential solution to this. You mention being in Year 5 of a 6 year Trust Deed. The final 2 years are presumably due to equity, and your creditors agreed to an "extension" in lieu ...
RE: Trust deed or DAS not sure  

By nm89, 3 weeks ago

  @layercake Hi Layercake. If I've interpreted your first post correctly, you have ยฃ16k debt, and your partner has ยฃ15k? Your share of equity is ยฃ31.5k, which is almost double your debt. Important to no...
RE: Trust deed or DAS not sure  

By CIF, 3 weeks ago

  Hi Layercake, I just wanted to weigh in with a bit of support for Kevin here. My own situation was far from straightforward in relation to my property situation but he managed to get an arrangement se...
RE: Trust deed or DAS not sure  

By paulp, 3 weeks ago

  @layercake, in my experience creditors would focus more on the value of the asset owned, than the potential of a debtor to borrow against that asset.
Kevin Mapstone RE: Trust deed or DAS not sure  

By Kevin Mapstone, 3 weeks ago

  It is very rare that we would set up a Trust Deed where a remortgage is part of the proposal, as it is very unlikely to be possible even at 65% ltv. Have you tried remortgaging recently, as a formal ...
RE: Trust deed or DAS not sure  

By Layercake, 3 weeks ago

  @kevin-mapstone Thanks Kevin, wouldn't the equity be 65% ltv,? Obviously you can't release 100%, I will be intouch once i have worked everything out and see exactly where i am at.
Kevin Mapstone RE: TD or Das  

By Kevin Mapstone, 3 weeks ago

  Hi - Sorry, it looks like there was a bit of a delay with your post appearing so you started a new thread instead, to which I have responded.
Kevin Mapstone RE: Trust deed or DAS not sure  

By Kevin Mapstone, 3 weeks ago

  Good morning Layercake and welcome to the forum. As the equity amount is a fair bit higher than the amount of debt it might not be straightforward to get a Trust Deed set up, though creditors may acce...
Page 1 / 2

 

 

 

Share: