Notifications
Clear all

Having to move

6 Posts
3 Users
0 Reactions
954 Views
(@1985debt)
Eminent Member
Joined: 6 years ago
Posts: 35
Topic starter  

I am currently two years into a sequestration with a DCO and have been advised our landlord wants to sell property we rent . We have no savings at all and god knows how we will actually find anywhere to rent as there isn’t much available , can I ask the trustee for a reduction in the DCO to start saving for a deposit


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

Hi 1985debt,

I think you should certainly discuss this with the trustee to identify a way forwards.

One way or another, through no fault of your own, you are going to have to find a new home. Your trustee should work with you on this.

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


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

If your trustee is not sympathetic then you could always check what tenancies available through social landlords instead, where a deposit shouldn't be required.

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


   
ReplyQuote
(@1985debt)
Eminent Member
Joined: 6 years ago
Posts: 35
Topic starter  

I have been on the social housing register for years but no success at all . Couldn’t have came at a worse time . The company I deal with re sequestration never reply to any of my queries etc in the past initially I went with a company which was recommended by an advisor on here however they got taken over by this other company .


   
ReplyQuote
(@1985debt)
Eminent Member
Joined: 6 years ago
Posts: 35
Topic starter  

I’ve still had no reply from the last person I had any contact with at the company who deal with my sequestration and whenever I call I get told they are in meetings .


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

That's poor on their part, but I guess you just need to keep trying and be more insistent - they can't be in meetings the whole time!

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


   
ReplyQuote
Share: