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Scottish Trust Deed Forum
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Topic starter
07/02/2013 4:50 pm
Afternoon all
i am unable to enter a trust deed and have looked at the LILA option.
Just wondering what assets are taken into account for this? as they cant be over £10000 in total or £1000 indivdually.
Any help would be appreciated
Cheers
07/02/2013 5:18 pm
Primarily you are looking at property, vehicles and policies/shares etc.
The vast majority of household assets are excluded.
There is a good guide prepared by the AiB:
(Link removed - see LILA guides on the Accountant In Bankruptcy website)
07/02/2013 6:04 pm
Hello GarethB and welcome.
Voice of Reason has provided some good information for you.
Are there any particular assets of belongings about which you are concerned?
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
07/02/2013 6:06 pm
Hello Voice of Reason.
Thanks for taking the time the help GarethB.
We do ask people not to post external links in the forum, even really helpful ones like the one that you've added!
The main reason is that we have no control over external sites and these links tend to become "broken" over time as the site owners move or delete material. That can be annoying for visitors to this forum in the future.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds
