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Scottish Trust Deed Forum
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Topic starter
10/11/2012 1:17 am
Hi all. I was sequestrated in October 2009 and discharged one year later. I've paid a contribution to the trustee for three years up to and including last month.
However I've not heard anything from the Trustee to say that the 3 year period is now completed and that they are not expecting me to make any further payments.
Is this normal? Should I cancel my standing order to the Trustee? Or is there some other procedure to follow?
Thanks in advance for any advice.
10/11/2012 8:05 am
Hi Prometheus
No, this is pretty normal. The finalisation for sequestration takes a wee bit longer than trust deeds. If you've made all the payments there should be no issue cancelling the standing order.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
10/11/2012 11:43 am
Hi Mark, thanks. I had permission to miss 2 payments as there was an unexpected bill from HMRC earlier this year.
10/11/2012 5:39 pm
Hi Prometheus and welcome.
It's very useful to have a Greek Titan amongst our membership!
If you want reassurance on this issue I'd just give your trustee a quick call on Monday.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
