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23/06/2018 7:14 pm
Hello,
I'm writing regarding a trust deed granted to myself in January 2012.
This trusteed failed shortly after and was cancelled by the trustee, my credit file is now clear of defaults and anything relating to this but it can still be found on the Edinburgh Gazette website.
Due to this failing I obviously have no discharged information from it or have any evidence of it being cancelled.
I am keen to rectify any poor financial decisions I made in the past in order to get a mortgage. Can you please advise on what I could possibly do moving forward, will I need to contact my old creditors and try to re-start the process, am I best leaving it as it doesn't show on my file, do mortgage underwriters check the Edinburgh Gazette for publications, would a hunter report show this?
I appreciate any advice I could get.
Many Thanks,
25/06/2018 10:34 am
Welcome to the forum ItsTime.
In certain circumstances older debts may become unrecoverable by lenders. If this might apply here you should be cautious about any contact with your creditors.
Mortgage lenders are free to check any public sources of information when you make an application to them, but I'm not aware that they'd all check the Edinburgh Gazette as standard.
The Hunter system operates in respect of detecting and preventing fraud. So long as you haven't and don't submit false information on credit applications this shouldn't be relevant here.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
25/06/2018 2:08 pm
Hi ItsTime
Sorry, but I'm not quite clear as to what happened to the debts. Are you saying that you still owe the debts that were meant to go into the Trust Deed back then? Do they still show as outastanding on your credit file?
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
Topic starter
25/06/2018 2:36 pm
Nothing shows on my credit file.
Topic starter
25/06/2018 3:58 pm
What happened was the trust deed was cancelled meaning I wasn't discharged from my debts years ago. According to the company I went through they cancelled it and my creditors were paid a dividend of 1p to the £1.
27/06/2018 12:19 pm
The Edinburgh Gazette would never have shown the Trust Deed as being finished even if you were successfulyl discharged. It was only used to advertise the signing of the Trust Deed at the start.
As such I don't think you should have anything to worry about. If a solicitor/lender is checking whether you are subject to an insolvency then they will get this information from the Register of Insolvencies anyway, which you are preseumably no longer showing on.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
Topic starter
27/06/2018 12:21 pm
That puts my mind at ease, thank you very much.
