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Topic starter
31/10/2011 11:11 am
hi i have a trust deed and was downloading an application form for family fund who give grants for items to help your disabled child one of the questions on it is are you bankrupt i didn't know whether i needed to say yes when got a trust deed thankyou in advance
pepper350
31/10/2011 11:46 am
Hello pepper350.
A trust deed, like bankruptcy, is a form of insolvency.
However, a trust deed isn't itself a bankruptcy. The two things are different.
Therefore I believe that you can honestly answer the question with a "no". This would not be the case if you had been asked if you were "insolvent".
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
31/10/2011 6:15 pm
thankyou very much tda i was just a bit worried as was not sure how to answer it thankyou again
pepper350
