Hi Freescott

No, the creditor is unable to pursue you as both trust deeds effectively finish any recovery action.

They will have received a dividend from your trust deed and will then put in a claim for the balance in your wife's.

Mark

hi mark,

thanks for your reply.
will the ceditor have been receiving payments from my trustee even though they were receiving payments from my wife whilst i was in my trust deed ? or would i need to find this out from my trustee ?

Hi Freescott

The creditor will have received a dividend payment(s) from your trust deed and will also get a dividend payment from your wife's.

Once she has been discharged that will be the end of the matter as they cannot seek anything further from you.

Mark

Hi Mark

Ok thanks,
I will contact my previous debt solutions company to see if they can confirm if infact that joint loan company was included in my own trust deed and if they received any dividend/monies from my trustee for peace of mind. I wouldn't like to contact the loan company to ask them to have the account marked as settled as i have been released from my trust deed and they say well we have had no money from your trustee so you owe us X amount, even though the same joint loan is now in my wifes trust deed.
thanks

Hi freescott.

There's probably no need to get in touch with your trust deed provider.

All relevant debts, whether you told your trustee about them or not, are included in a trust deed. That's why trust deeds were "advertised" and are now recorded on the Register of Insolvencies - so that creditors that might have been accidently left out have the chance to submit a claim to the trustee.

So... as long as that debt existed on the date that your trust deed was signed you don't have anything to worry about (whether they got a dividend or not).