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Scottish Trust Deed Forum
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Topic starter
27/06/2013 8:16 pm
My trust deed ended in September last year. Are there any restrictions on the type or credit I am allowed, other than lender reluctance?
27/06/2013 8:21 pm
Hi xpecx
In a word no. You have no restrictions once discharged.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
27/06/2013 9:08 pm
Many thanks Mark.
Supplementary question - you know the usual spiel from a lender before going through a credit check where they ask you about CCJs and if you have you ever been bankcrupt etc - is the correct answer "No nothing" or "Yes I have been discharged from a Protected Trust Deed"?
27/06/2013 9:15 pm
Best to be up front and advise of the Trust Deed in my opinion.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
27/06/2013 9:52 pm
Thanks again, I kind of knew both answers but confirmation is really useful. So greatly appreciated,
27/06/2013 10:22 pm
Personally I feel that as long as you are answering all questions honestly then you have nothing to worry about. If they want to know about tust deeds/voluntary arrangements with creditors then they should ask about it.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
29/06/2013 5:05 pm
If you have no ccjs and were not bankrupt the answer is no and no. If they ask about trust deeds or defaults then the answer is yes. Do not be dishonest but don't give more away than you have to.
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
01/07/2013 10:40 am
I agree with Paul and Kevin.
Answer the questions honestly and narrowly.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
01/07/2013 1:07 pm
What are the potential repercussions of answering no to bankruptcy and CCJ's and the lender discovers down the line, for whatever reason, someone has been in a Trust Deed?
Glad that's over with....
01/07/2013 1:14 pm
Hi upstream.
The fact of the matter is that a trust deed is neither bankruptcy nor a CCJ.
I cannot therefore see how there could be any negative ramifications from that.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds
