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Topic starter
09/09/2016 6:33 pm
Hiya,
looking for a bit advice. we were discharged in Oct 2014. The Trustee is now writing to creditors to settle the account. My husband and I have separate trust deeds started at the same time.
My husband has paid circa £13K, the trustee wants £5.5K , and the only creditor so far to put in a claim is £4K.
this leaves £3,800 sitting. what happens to it? does it go toward my trust deed? do we get it back?[:)]
09/09/2016 11:30 pm
Discharged in 2014 and only now trustee contacting creditors?
Topic starter
09/09/2016 11:56 pm
Hi tinsoldier, that's right. Investigating PPI apparently.
I have been told numerous times that they were almost there. I threatened them with a formal complaint and two weeks later they have sent the statement showing what the creditors have claimed.
11/09/2016 7:19 pm
Hi LisaJane.
It's quite possible other lenders will submit claims.
However, in theory, money could come back to your husband if insufficient claims were made versus the funds paid into a trust deed.
Interest might be added to the creditor(s) that have submitted a claim though, which might diminish any refund.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
11/09/2016 9:53 pm
Hi Amy,
Thanks for the response, the creditor who has put in a Claim (HMRC) has submitted a request for interest of £1.5K which seems high on 4K.
I expect other creditors will come out the woodwork, but fingers crossed never the less #128521;
Thanks again
Lisa
