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Scottish Trust Deed Forum
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Topic starter
23/12/2013 9:30 am
Well I hope everyone has a nice Christmas and a better new year ๐
I am on the last 6 months of my trust deed (I Think) do I get any notification to say that that is the end on the monthly payments? and of what happens next?
Thanks
Luckysnoop
23/12/2013 9:37 am
You should get notification, luckysnoop, though it wouldn't do any harm to contact your trustee a couple of months beforehand to check the dates and avoid any confusion.
Once you have made your last payment your trustee will arrange for you to be discharged from your trust deed by sending out your Form 5 and also forwarding a copy to the Accountant in Bankruptcy to be formally registered.