Notifications
Clear all
Scottish Trust Deed Forum
10
Posts
4
Users
0
Reactions
1,726
Views
Topic starter
24/05/2011 11:56 am
I'm currently finalising a trust deed, but have just received a sherriff officers letter from one of my creditors. Will this affect my trust deed application and what can this creditor do regarding the letter i received?
24/05/2011 12:41 pm
Hi howies08.
When you say that you're "finalising" your trust deed could you confirm exactly where you're up to at this stage?
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
24/05/2011 12:45 pm
i.ve just sent my forms away to IP for assessment!
24/05/2011 1:10 pm
Hi Howies08
If you've not yet signed the Trust Deed, then yes the creditor is still able to proceed with action. You need to remember that finalised legal action before the date of signing the Trust Deed is NOT cut down.
What have you been served with?
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
24/05/2011 1:24 pm
hi mark, i've actually just sent paperwork through for assessment for yourself this morning. Not able to phone and speak to Maria as i'm working all day. I'm slyly on internet on my phone at work! I received a message at arms or somethin to that description from a local sheriff officer from one of my creditors regarding payment of debt owed to them! Wondered what further action they could take.
24/05/2011 2:45 pm
Hi Howie08
It really depends what you've been served with.
If its the initial stages of a court action, then you have time on your side to have the Trust Deed in place before the final hearing date and stop anything happening. If it is a wage/bank arrestment, then this is slightly more difficult.
If you let me know exactly whats been received, I can assist further.
Regards
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
24/05/2011 3:05 pm
it was just a message at arms letter, giving me 14 days to pay the amount before any more "diligence" or somethin like that, not an arrestment of wages or court action. But does warn that could happen in the future. I've sent paper's through with other documents for yourself. You should receive them tomorrow! Worryin time being close to trust deed but more worryin when i got this notice.
24/05/2011 3:24 pm
Hi howie08
If it's at the threat stage, I suspect you have got a good bit of time left, so dont worry too much.
If you are ever served with anything, please let me know asap.
I'll deal with the paperwork as soon as I receive it.
Regards
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
24/05/2011 3:33 pm
cheers mark much appreciated.
26/05/2011 9:57 am
The 14-day period sounds suspiciously like it could be a charge for payment, in which case it might be a bit of a race against time to get everything set up and protected.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
