I have recently entered into a trust deed which has become protected in the last few weeks. Last week I got a letter through demanding payment for and old debt to a mobile phone company that I had forgotten about and hadn't included in the initial information I had given at the start of the trust deed.
Can they still take further action or are they also bound by the trust deed?
Thanks
The debt is covered by the PTD, just advise your Trustee and send them the reminder, also best to call creditor to advise them that you are now in a PTD.......
Good Luck...
Hi lola143
Forgotten creditors are the main reason for The Edinburgh Gazette notice. It allows the Trustee to argue that details of the Trust Deed were 'public' knowledge.
It'll be fine. Just pass the details to your Trustee.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.