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Scottish Trust Deed Forum
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Topic starter
05/08/2013 11:19 am
3 payments left. Received a letter saying my TD has been taken over by a new IP as from 2 weeks ago. Tried to call all morning and no answer. Now panicking is all ok with invocas. What would happen if company closed at this stage!!!
05/08/2013 11:44 am
Hi Mrs Mac.
I haven't heard that they have.
Hopefully there's no need whatsoever for you to worry. Arrangements are made for there to be continuity of a trustee by all firms in the event that something were to change.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
05/08/2013 12:42 pm
Hi Mrs Mac
This shouldn't have any effect on the closing process. Best leave it till you've made the final payment, then hassle them like mad to close!
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
05/08/2013 3:36 pm
Thank you for your reply. I have tried phoning all day. Still no reply. I wonder if its a bank holiday
05/08/2013 4:42 pm
Hi Mrs Mac
It is indeed a bank holiday ( not for us though !)
I'm sure you'll get a response when things settle as there's the usual confusion when the IP changes.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
05/08/2013 4:48 pm
I finally contacted them. All sorted. Thanks
05/08/2013 10:13 pm
Great news Mrs Mac
06/08/2013 8:40 am
I understand they lost one of their insolvency practitioners. It should be a simple case of one of the others taking you on with no change whatsoever to your case timescales.
Rob is not currently posting in the Trust-Deed.co.uk forum.
