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Scottish Trust Deed Forum
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Topic starter
16/07/2012 2:43 pm
I entered my Trust Deed 01/08/2008 and made my last payment on 01/12/2011, I got my discharge letter 20/02/2012. Now my Trust Deed are trying to claim PPI from my creditors after I have fulfilled my agreed requirements is this normal practice and legal?
16/07/2012 3:29 pm
Welcome to the trust deed forum Rufus.
It sounds as though your trustee has discharged you but not themselves from the trust deed.
Assuming they've remained in office (for the purpose of investigating whether PPI claims could help to repay more to your creditors) this is all now quite normal.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
16/07/2012 3:34 pm
If the PPI return along with my TD payments amounts to more than I originally owed what happens then?
16/07/2012 4:02 pm
Hi again.
The most you'll have to pay into the trust deed is:
1 - The total amount owed at the start of the trust deed.
2 - Interest on that debt for the period since the trust deed began.
3 - The fees and costs associated with the trust deed.
If the PPI claims, along with the contributions you have already made, add up to a sum greater than the above you should find that the surplus comes your way.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds
