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Scottish Trust Deed Forum
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Topic starter
13/06/2013 11:57 pm
Does anyone know what the penalties are for acquiring a Trust Deed using a Scottish address, when actually living in England?
14/06/2013 12:00 am
Hi krankie77.
Perhaps you could tell us a little more about the general circumstances?
It might help to provide you with a more useful answer.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
14/06/2013 12:04 am
If a person is an ex-resident of Scotland but has lived in England permanently for over 12 months, could they apply for a Trust Deed using the old Scottish address? Or does the person actually have to be a resident of Scotland t the time of application?
14/06/2013 12:15 am
No, but any trust deed proposal is for the insolvency practitioner to investigate. The proposal is the individuals proposal and he/she makes a declaration that jurisdiction applies.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
14/06/2013 8:54 am
I'm not sure that the person would be subject to penalties as such, but presumably the protection of their trust deed would be invalidated if it was proven that they were not habitually resident in Scotland in the 12 months before signing.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
15/06/2013 8:06 pm
Whose address have you used?
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
17/06/2013 5:06 pm
The bottom line, like identification, is that the Trustee would need to satisfy himself that the residence issue was valid before taking on the appointment.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
