Welcome to the forum Mrsfrisbee.

Most lenders use "voting agents" to review trust deed proposals. There are a couple of these agents operating, each representing a different panel of lenders.

The voting agents operate criteria about what they will, and will not, accept with regard to trust deed proposals. Trustees are made aware of what these criteria are, so that they can submit proposals that are likely to be accepted.

When you mention transactions on other accounts, do you mean the credit accounts that are now included in your trust deed?

Yes I mean transactions on my credit card and store accounts

Hi Mrsfrisbee,

I doubt they'll be looked at too closely. Without wishing to sound too nosey, is there a transaction (or a type of transaction) recorded there that's causing you concern?

Have there been any major purchases just before entering the trust deed?

Hi thanks for your help.
Just erratic spending really.
Will these 2 agents have full access to my accounts?
I signed the document last week, no more spending since then.Is it 5 weeks from point of signing?
Thanks

Hi Mrsfrisbee,

I'd imagine that the agents can do this, but I doubt that they would do in normal circumstances. Their main role is simply to establish whether a trust deed is commercially acceptable based upon the criteria used by themselves and their clients.

I'd suggest that you check the timeline directly with your trustee. Certain processes might not be happening quite so quickly at the moment, depending upon how a trustee has made operational arrangements to keep running during this difficult period.

That's great thanks.
I assume that if the trustee put it forward they must be reasonably confident it will become protected?
Are they basically checking that the payment is affordable?
I'm my mind I'm thinking very are going to be there saying did they really need that cooker 6 months ago.
I feel sick with worry, I kept getting more debt to pay old debt that I now can't afford. The trustee said 4 out of 3 creditors would all go the same team

Hi Mrsfrisbee. The time period for objections is 5 weeks from the date of the formal notice in the Register of Insolvencies. You can check when this is yourself if you like by checking the Register via the Accountant in Bankruptcy's website.

Please try not to worry, if most of your debts are creditors represented by particular voting agents, such as is the case with HSBC, then your chosen trustee should have a very good sense of whether what is being offered is likely to be acceptable to them or not.