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Scottish Trust Deed Forum
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Topic starter
02/11/2013 11:41 am
The debtors of discharge does not discharge the debtor from any liability arising after the date on which the trust deed was granted or any debt which would be excluded from a discharge under section 55(2) of the Act, nor does it affect the rights of secured debtors.
Does this mean any debt not included in a trust deed wont be counted in discharge?
02/11/2013 11:48 am
any debts taken out after the day of signing the trust deed - i think.
02/11/2013 12:04 pm
Hi sparky
S.55 relates to fines, debts arising from fraud etc etc. Nothing to worry about.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
