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PTD completion

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Julie Heaton
(@julie-heaton)
Estimable Member
Joined: 16 years ago
Posts: 246
 

Hi Bigyin

I know our firm would normally give a creditor a final letter indicating that they have 14 days to submit their claim or they will not be entitled to receive a dividend. Normally however this would be done before the end of the three year period.

Julie

Julie is not currently posting in the Trust-Deed.co.uk forum.


   
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(@bigyin)
Active Member
Joined: 15 years ago
Posts: 12
Topic starter  

quote:


Originally posted by Mark McFadyen

Hi Bigyin

'give the creditor every chance to submit a claim' I guess they mean like in the last 3 years? Did anyone at the IP's office chase the claim in that time?

Mark


hi mark
ask them to day they said they had kept in regular contact with my creditors and had notified when my TD was coming to an end I asked three times why they had waited two and a half months after my TD finished to give them a final chance and was told they were following guidlines to the letter and that my TD had been handed over to the closure team and would hear from them soon


   
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Mark McFadyen
(@mark-mcfadyen)
Famed Member
Joined: 16 years ago
Posts: 4798
 

Hi Bigyin

makes no sense to me and certainly not followed the guidance to the letter.

I think you may have shocked them into action, but you should ask for updates regularly. Ask if they have all claims, if they've prepared the scheme of division and paid any dividends and especially the final dividend

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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(@bigyin)
Active Member
Joined: 15 years ago
Posts: 12
Topic starter  

quote:


Originally posted by Mark McFadyen

Hi Bigyin

makes no sense to me and certainly not followed the guidance to the letter.

I think you may have shocked them into action, but you should ask for updates regularly. Ask if they have all claims, if they've prepared the scheme of division and paid any dividends and especially the final dividend

Mark


hi mark
you could be right and i will check on them regularly from now on. this website has been a great help thanks to you and the others for all your advice i only wish i had found it earlier


   
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