Creditors and 5 Wee...
 
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Creditors and 5 Week Period

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(@delboy69)
Eminent Member
Joined: 12 years ago
Posts: 48
Topic starter  

Hi there

I've only a couple of days left of the 5 week period (TD went in Gazette on 1st Nov).

Spoke to Trustee today, who said there has been no objections as yet.

Is it normal for creditors to be so quiet during this period? Or will there be a mad rush at end? (Main creditors are Clydesdale Bank and Birmingham Midshires).


   
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Mark McFadyen
(@mark-mcfadyen)
Famed Member
Joined: 16 years ago
Posts: 4798
 

Hi Delboy69

Don't worry, its pretty standard. I'm sure it will be fine.

Some creditors are quicker than other, but it's nothing unusual.

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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(@delboy69)
Eminent Member
Joined: 12 years ago
Posts: 48
Topic starter  

Thanks Mark

Got an attack of last minute nerves as i near Protected Status and just wanted to make sure.


   
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Mark McFadyen
(@mark-mcfadyen)
Famed Member
Joined: 16 years ago
Posts: 4798
 

Hi Delboy69

Even worse if 5 weeks are up at 5pm on Friday and they all disappear home early!!

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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(@delboy69)
Eminent Member
Joined: 12 years ago
Posts: 48
Topic starter  

Yep, and certainly known to happen at this time of year!


   
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Michael McGowan
(@michael-mcgowan)
Eminent Member
Joined: 14 years ago
Posts: 48
 

Hi Delboy69

I know you will be feeling a bit anxious but i'm sure when the 5 week period is up and the Trustee has said that there were no objections. It will be a huge relief to you.I'm sure everything will be fine. I hope all goes well.

Michael

Michael is not currently posting in the Trust-Deed.co.uk forum.


   
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(@delboy69)
Eminent Member
Joined: 12 years ago
Posts: 48
Topic starter  

Thanks Michael


   
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 luby
(@luby)
Eminent Member
Joined: 12 years ago
Posts: 45
 

Good Luck,

I have another 3 weeks to wait, my 5 weeks are up on the 1st of Jan!!

Louise


   
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(@plasticdaft)
Noble Member
Joined: 16 years ago
Posts: 1594
 

We dont often here of td's failing to become protected so have faith in your trustee to get it right.

Its hard not to be worried though!

Paul

Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.


   
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