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Scottish Trust Deed Forum
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Topic starter
23/09/2011 1:03 pm
Hi
my trust deed was advertised last Tuesday and apparently the letters were sent to creditors on the Wednesday, I have received 2 calls today and both creditors are saying they haven't received notification. Is this normal? I am assured the letters have been sent.
Thanks
L Campbell
23/09/2011 1:34 pm
Hi, I think each of the creditors have their own company who represent them as a creditor in this sort of thing, not really sure what they're called/classed as, but I believe that your trustee will contact these guys as opposed to the creditor directly. I had this happen to me also, just tell them it has been sent(probably to someone further down the line than the person you are talking to).
SkintAlly
23/09/2011 1:39 pm
Ho prenticebaby.
SkintAlly is correct. The major creditors outsource review of trust deed proposals to one of a couple of agents that your Trustee will have contacted.
The agents should pass back information to your creditors, but it can take a little while for this to be updated administratively.
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