Notifications
Clear all
Scottish Trust Deed Forum
3
Posts
2
Users
0
Reactions
6,124
Views
Topic starter
28/09/2018 6:04 am
Hi there
I have a formal adjunction letter got sent to me yesterday. My trust deed should of been finished this month but i had missed payments so now finishes in february so nearly there#128522;.
Just would like to know what it means as im not very good with these sort of things. My trust deed started in september 2014.
Thanks claire x
28/09/2018 8:50 am
Adjudication is the process of the Trustee agreeing the creditors claims and therefore determining the level of payment they will receive.
You are required to be issued a copy but unless it looks like there are any debts which you dispute on the adjudication - either to their existence or the balance - then you are not required to do anything.
Topic starter
29/09/2018 2:51 pm
Thank you for replying, it makes sense now x
