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Scottish Trust Deed Forum
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Topic starter
21/03/2012 9:03 pm
I have two payments to go. I have applied for VR - I also qualify for a pension and pension lump sum - If i am accepted for VR - it won't be due till the end of june approx 7 weeks after last payment is due. But I will have to make decision re Vr in the next week or so. Just want to know what could happen if I am not discharged officially and pension lump sum and vr are paid out.
Thanks
21/03/2012 9:18 pm
Welcome to the trust deed forum whitepele. Our member "White Cafu" hasn't posted since September last year so you are especially welcome!
I think you need to be really careful. There is a risk that part of a pension lump sum and most of a redundancy payment might have to go towards repaying your creditors if you have not been discharged from your trust deed.
I wouldn't do anything without getting some written reassurance on the subject from your trust deed firm in advance.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
