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Form 5

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(@maddog)
Active Member
Joined: 9 years ago
Posts: 8
Topic starter  

I got my form 5 today which was signed off in may only reason I knew this was I received form 6 last week my question now is if I take my lump sum from my pension will the trustee be able to take it of me

David wright


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

Hi Maddog.

It sounds like it from what you've written. As you'll be aware, Form 5 is your discharge and Form 6 is your trustee's discharge.

You may wish to check that they've been properly recorded on the Register of Insolvencies (available online) - they become official once registered on there.

You may also wish to contact your former trustee before accessing this lump sum just to be totally reassured that no issue is being created.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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Kevin Mapstone
(@kevin-mapstone)
Member Admin
Joined: 16 years ago
Posts: 4253
 

Should be fine now Maddog, though as Trust Deed Assistant says, it doesn't do any harm to get it from the horse's mouth!

Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.


   
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