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Scottish Trust Deed Forum
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Topic starter
15/01/2012 3:14 pm
Hi everyone, only just found this site and I wish I had come across it a few years ago. Anyway I have been in a trust deed since may 2008 however, I have missed quite a few payments so I am still not finished. Recently I was contacted by a dca on behalf of british gas and they are claiming I owe over £400. I have looked at my credit file and it says the start date of this debt is july 2007 and the default is january 2009 but it wasn't included in my trust deed. My question is would this debt still be included in the trust deed even though it wasn't declared at the beginning.
Thanks
15/01/2012 3:19 pm
I think this debt should be easily incorporated into the trust deed,but you will have to contact your own firm ASAP with the details.
It may mean a slight extension so that creditors still get back what was agreed at the start.
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
Topic starter
15/01/2012 3:24 pm
Thanks for the prompt reply Paul. I will contact my trustee this week though they don't seem to keep close track of things.
Cheers
15/01/2012 4:01 pm
Just let them know the details and see what they say. I am sure it will be fine as debts are often forgotten about at the start of the trust deed,it is after all a hectic time!!
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
15/01/2012 4:23 pm
Hi harryp
Yes, any debt which existed before the trust deed was signed is included.
I'm sure it will be fine.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
15/01/2012 8:11 pm
Hi harryp
I have personal experience of this. It was an issue, my IP incorporated the additonal debt in the PTD. No issues.
16/01/2012 4:31 pm
Isn't this partly why the advert goes into the Edinburgh Gazette?
16/01/2012 4:55 pm
That's right tinsoldier.
It gives creditors that were inadvertently left out of a trust deed the chance to make a claim.
A Trustee might take a different view if someone deliberately left out a creditor for some reason, but this is obviously a pretty rare event.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
16/01/2012 5:49 pm
Hi tinsoldier
Yes, historically it was to allow all creditors the info in a central location, so they could check if they were a creditor or not.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
