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Topic starter
19/09/2016 6:24 pm
Hi,
Reading other users trying to understand the six years before it falls off your file scenario, i understand that when i signed my Trust deed on 17 Nov 2011, that all my creditors date of default must, or should be very close to this date?
This date, when it comes around, will or should automatically close the relevant creditor account from my records. Is this correct?
All my creditors have dates of Oct/Nov 2011 which is excellent, except one. Vanquis Bank is showing 31 May 2012. I assume I'm within my rights to contact them to update their records to amend their date of default date to 17 Nov 2011? I know its only six months, but its a massive hurdle without a simple administration error to delay me another six months.
I think this question comes up very frequently in the forum due to misunderstanding and probably requires a layman's explanation to simplify it.
Hopefully answering my question above from the panel may make understanding it a little simpler.
19/09/2016 6:29 pm
Hi Rickie1,
Yes - your creditors should have issued default notices no later than the start of your trust deed. In practical terms, it's not unusual for some to be issued soon afterwards and it's probably not worth the effort to chase those up.
Yes again - you're entirely entitled to request that Vanquis change the date of their default notice to the time that your trust deed began.
As we understand it (and as members have written from their own experience) those accounts disappear once the default notice has aged six years.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
19/09/2016 6:40 pm
Brilliant. Thanks for the quick response!
