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settlement

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(@kdog7)
Trusted Member
Joined: 12 years ago
Posts: 99
Topic starter  

Trustee agreed to early settlement so has to wait 14 days for creditors to object. Hopefully will go through ok so I can arrange to get funds from family.


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

Hi kdog7.

You must be very pleased?

When you first raised this there was, I think, some uncertainty amongst the experts about whether a trustee would support this so early in your trust deed. It certainly shows that there's never any harm in asking.

Will you be discharged when the lump sum is handed over?

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


   
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David Tannock
(@david-tannock)
Famed Member
Joined: 12 years ago
Posts: 2581
 

Hi kdog7,

I don't think the creditors will object to the proposal from the Trustee. In proposals that I've made to creditors in the past there hasn't been a problem.

Let us know how you get on with it.

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


   
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