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(@neverendingstory)
Estimable Member
Joined: 13 years ago
Posts: 181
Topic starter  

Hi All

I am in a trust deed - all going well (fingers crossed).

I have a couple of questions from reading this forum and wondered if anyone can help.

Firstly, PPI - obviously I have had credit cards but am not sure if I took out PPI - should I contact them myself and find out or do I wait until the end of my trust deed (2 years) and wait for someone to contact me about it? I just want to try and make the discharge as smooth as possible!

Secondly, I received a letter from Eversheds saying that one on my creditors had sold my debt to them but I didn't need to do anything - is this normal?

Thanks for any advice!


   
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(@poorboy)
Trusted Member
Joined: 14 years ago
Posts: 51
 

Hi Neverendingstory - welcome to the forum.

I would suggest that you speak to your Trustee with regards to the PPI claim. I would imagine that most sensible TD firms would have already had the process of claiming back PPI well underway 1 year into the PTD, if they intended on pursuing it. But it doesn't hurt to ask the question, just to set your mind at ease.

I am about the same stage as you, almost 1 year in. I have had a few similar letters. They are nothing to worry about. It just means Eversheds will be making the claim against your PTD instead of the original creditor. Your Trustee is likely to have received a similar letter.

Hope this helps.

PB


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

Hi Neverendingstory.

I'm glad that all is going well with your trust deed.

Not every firm is looking to make PPI claims, and even if they do and leave it until the end of the process they should be able to discharge you anyway (see the forum thread by "beeder" last posted on yesterday).

Poorboy is spot-on about the Eversheds debt purchase. This is likely to happen with a number of creditors over time but makes no difference to you. It's best to let your Trustee know just in case they aren't notified of the sale.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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(@neverendingstory)
Estimable Member
Joined: 13 years ago
Posts: 181
Topic starter  

Hi Guys

Thank you both for you replies. I'll contact my Trustee and see what they say!.

NES


   
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(@neverendingstory)
Estimable Member
Joined: 13 years ago
Posts: 181
Topic starter  

Another thing (sorry) I have recently moved address but the letter from Eversheds was sent to my old address - how do I update that or don't I?


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

Hi neverendingstory

I think your trustee will require to notify them.

Mark

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


   
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(@reidy1982)
Estimable Member
Joined: 14 years ago
Posts: 118
 

Hi neverendingstory,

Everytime i receieved a letter a bit like the one your recieved i always contacted my TD Company to advise them of the letter and then they asked me to forward the letter to them so they could contact the relevant company. I just did this everytime i recieved a letter saying one of my debts had moved to another company. It keeps you correct and your trust deed company as they can then contact them by fax or letter with the proof you are in a trust deed and you then shouldn't recieve anymore letters.


   
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