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Topic starter
11/05/2021 11:55 am
Hi,
We entered Sequestration in November 2019, and were discharged in November 2020, although we are still making financial contributions to our Trustee. I was reading another thread on here where there is mention of Form 5 which was/will be issued for discharge from a Trust Deed and Form 7 which discharges the Trustee.
In November 2020 we were issued with a Form 7, and we have not had a form 5 sent, and I have been in contact with our creditors to update our credit files, and sent them copies of Form 7.
Is this procedure different for Sequestration, or should we have been issued a Form 5?
11/05/2021 1:55 pm
Hi tigh,
As far as I'm aware the sequestration/bankruptcy discharge process is different, but I don't know the precise details.
I'm sure Kevin or Paul will expand on this when they next get chance to visit the forum.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
11/05/2021 7:52 pm
Yes, the Sequestration process is different, tigh. Form 5 is only the certificate of discharge in a Protected Trust Deed
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
Topic starter
12/05/2021 6:54 pm
Thanks for your reply TDA and Kevin, so is Form 7 the relevant certificate of Discharge for Sequestration?
13/05/2021 2:14 pm
It used to be, though I think it changed to a Form 25 in 2016
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
Topic starter
14/05/2021 12:07 am
Hi Kevin,
Should I query this with our Trustee, since we were only discharged in November 2020. I have already sent copies of Form 7 (for both partner & I) to the bank, credit cards and Loan company that have not updated our credit files to enable this to be done, because they have stated they've never been informed of our discharge.
14/05/2021 9:18 am
I wouldn't worry. It's still a certificate of discharge, even if it might not be the up to date version of the form.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
Topic starter
14/05/2021 11:27 pm
Thanks Kevin, Much appreciated.
