does anyone know how long on average it takes for a trust deed to be advertised after completing all the papaerwork?
I think it was 6 weeks but one of the experts will be along soon to confirm xx
Hi Maureen
It's meant to be 'Forthwith' which certainly should be sent within 7 days of receipt of the paperwork.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Thanks everyone - paperwork was signed middle of Jan but still not advertised ๐ don't want to phone them incase it's like I am hassling them. Just really wanted to know how long is average to put my mind at rest. Mark didn't totally understand your post sorry are u saying it should have been done within 7 days?
Thanks again
Maureen
Hi Maureen
The legislation says 'forthwith' after receiving the Trust Deed paperwork. The interpretation of forthwith is immediately after receipt and we use 7 days as a maximum time period for this.
My advice would be to phone them and hassle them, as the 5 week period for creditors starts from the gazette Ad, not the date you signed.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Hi Mark, following your post I called them and apparently it has been advertised today thankfully. Its a weight of my mind to know its advertised but now I feel jittery for other reasons lol! thanks for all the advice. Maureen
Maureen it is a weird feeling when it is posted. I have to say it worried me who would see it and what would they think but in reality nobody said a word. Do not think it is a paper that most people buy. At least that is now another thing done xx
Thanks for the reassurance! I have tried googling myself and it didn't come up thankfully! Congrats on making it out the other end of this process. Well done. 3 years seems a long time but I am hoping it will fly by. Good luck for your future Maureen
Honestly Maureen it seems a lifetime at the beginning but the time goes in quickly. It will be hard at times but not as hard as dealing with mountains of debt.
It might be worth going onto the Edinburgh Gazette website to ensure your advert has been posted as they said. I was also worried about people knowing about my financial difficulties and the fact that it was made public however not one person has mentioned it so I'm hopeful not a lot of general public know about the Edinburgh Gazette!
L Campbell
thanks i have had a quick check and it is there so fingers crossed it becomes protected. thanks for the help
I am sure it will become protected and you can get counting down the payments!!
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.