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Sequestration

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(@forensic)
Active Member
Joined: 14 years ago
Posts: 11
Topic starter  

Hi, I have been automatically discharged from sequestration. but not from the trustee?
At the time of the sequestration my mum paid the trustees invested interest in my home and they say they no longer have an invested interest in my home.

My question is if I sell my house will the trustee look for money from the sale of it? or if I inherit money will I still be liable to pay extra money to the trustee?

Not really sure what it all means
thanks


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

Hi Forensic.

If you have certainty that you have been discharged that should be the end of it as far as you are concerned (other than contributions due from income if they exist).

Check with your trustee to be sure first, but I don't think you'd have a problem if either of these things happened.

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


   
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