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Scottish Trust Deed Forum
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Topic starter
07/05/2013 7:20 pm
I contacted my Trust Deed people today and they said "The Trustee remains in office at the moment as he is currently investigating whether i was mis-sold PPI".
"When the investigation is complete they will then pay a dividend to my Creditors and my Trustee will seek his own discharge".
08/05/2013 9:23 am
I wonder how long details remain on the register. I typed in a random common surname McFarlane and it detailed a sequestration from 2001.
I would have thought at the very least it woukld mirror the credit file of 6 years.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
08/05/2013 9:24 am
Jeez! Just typed 'Smith' and it details one from 1991.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
08/05/2013 1:08 pm
This is interesting, does anyone know how long a person is listing on the register before it is removed & by whom?
Completed 3yr TD Sept '12 discharged Sept '12. Trustee discharged Jan '13
Building up savings.
08/05/2013 1:34 pm
Maybe these are cases where the trustee is still in place, Mark? 1991 is a long time ago, but it is possible if there is some kind of long-term issue.
Presumably there would be quite a few Smiths showing up from 1991 if they were all still there.
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08/05/2013 10:59 pm
I knew that this topic was familiar! Only the cases being discussed before were from 1994.
I haven't double-checked on the AiB website, but this was true when I posted it in February this year (sod's law, it will have changed now!):
The 'user guide' for the Register of Insolvencies says that
"Searches will return details of all ÔÇ£liveÔÇØ bankruptcy cases plus those that were discharged in the past two years. For protected trust deeds, returns will be made on ÔÇ£liveÔÇØ cases plus those discharged in the past year"
So, if a 1994 case is still on the Register, that suggests that one of the following must be the case:
- the bankruptcy is still "live"
- the bankruptcy has ended in the past two years (trustee discharged)
- there's been a mistake!
I think that the '6 years' timescale is to do with credit records - which is a different kettle of fish
When I learn how to do links to other posts, I'll be dangerous!
Hope it helps anyway.
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