Hi richard79.

It's hard to know based on the information provided.

Has your trust deed firm been aware of the income and expenditure details for every adult living at the home?

Hi T.D.A

When I first signed up for my t/d 4 years ago they did not include my partners income. I told them it was 50/50 split when it comes to all the bills etc. Just wondering why after 3 years of reviews they would want to know that now. Also stated on the letter that my bank statement did not state I paid the council tax. Well to be honest I do not pay council tax on same day every month so maybe the statement they got from my self fell outside the dates. Im just worried that they are gonna get all shirty with me saying that im not finished etc. 4 years of financial hardship might not be over because of this. Is it possible they can extend again. I have checked back and have made the full payment that I first signed for. Minus a few quid here or there. Do I cancell standing order so they cant take any more. Im actually stuck.

Hi richard79.

I know it must be frustrating, but they're just doing their job.

If you have paid what you can reasonably have afforded into your trust deed then you should be discharged. I think they're just checking that's the case so that they are in a position to discharge you.

Hi T.D.A

Surely after all the agreed amount has been paid into the trust deed they cannot add any more onto it. If they think I have had not paid enough into the t/d how much more can they add onto it. There is no house or saving to go into the t/d. If anything im probably worse off in the past 2 years due to inflation etc.

The agreed amount isn't fixed richard79.

For example if your capacity to pay increases you'll be asked to pay more.

If that hasn't happened and your trust deed provider can see that you've paid what you could reasonably have afforded discharge should follow.

hi t.d.a

I do realise that with increase wages payments increase etc, but how long can a t/d be extended or before enough is enough. Last April I got a letter stating that it would be extended a year because of a short fall now ayer on they are wanting details of other adults in the household.

Hi richard79.

It's not a case of enough is enough. The question is whether you have met your obligations according to the agreement you, your trustee, and you creditors entered into.

If you have done you have nothing to worry about in terms of your trust deed firm asking for extra information.

I think the thing im getting at is why all of a sudden after 4 years do they need information that they have never requested before.

I'd be guessing on that, but it may be to confirm that each of you have paid your fair share of the household expenditure. That makes a difference to how they calculate what you should have paid.

As it looks like discharge may be due it could be part of their closure process.

You could confirm that with them when they reopen next week.

Hi T.D.A

Thanks for the input, Ill be on the phone to them first thing Tuesaday morning to see where I go from here. Hopefully its just a process of the closure procedure and not anymore extensions.

For what it's worth, I don't think insolvency practitioners look for excuses to extebd trust deeds. As trust deed assistant says, as long as you have met your obligations and not hidden anythin from them then You should be fine.

Hi
If they knew you had someome in the household from the start, and agreed to allow the 50/50 split, then there should not be a problem. They are probably just checking the file as it is due for closure. They would have seen this everytime they reviewed the files, so I can't see it suddenly becoming a problem now if you have always been honest with them.

Hi all.

Contacted my I/P on Tuesday and got it all sorted out. On my last review I had put all my expenses that I pay but they got a bit confused and thought it was the total for both myself and my partner. Phew all sorted, got confirmation that April 2012 was my last payment and my discharge will be here soon. Cheers for all your help.

No problem richard79. I'm glad we were correct and that everything is OK.

Oh... and congratulations to you on completing your trust deed!