Welcome to the trust deed forum nearlythere.

If it were me I'd contact my trust deed provider just to double check that the final payment had been made and then cancel the payment to them.

At the same time I'd ask them how long they expect it to take before you are discharged. This should normally not be more than a few weeks.

Congratulations by the way... you must be pleased to get to the end of the process?

Thanks for the swift reply TDA,Yeah i can't wait to make that final payment.one other thing i checked my experian credit report today and its saying that i no longer have a outstanding public record on my report and that the satisfaction date was middle of October,is this normal even though i have one more payment to make?thanks

So there is no evidence of you being in a trust deed on the Experian credit report nearlythere?

If that's the case then it's probably a pretty good thing!

no its still listed as being there under the public records section but it is now listed as satisfied for some reason or other.

I'm not really sure why it would read like that nearlythere.

Have you checked to see whether it's the same on either your Equifax or CallCredit report?

Yeah i have just checked my equifax and thats the same its got the start date of oct 2009 and satisfied date of oct 2012.another thing i was wondering is on my report it has default under status and satisfied under balance on 3 of my creditors which i suspect is normal but on another creditor its listed as satisfactory under status and for example 4,500 under balance is that normal??

Good morning nearlythere.

Creditors would not normally change the status of default notices to "satisfied" or "partially satisfied" until you have been discharged.

Once you have been discharged you'll want to check that this happens with this remaining default notice and that the balance is set to zero.

It does sound as though some of your creditors and the credit reference agencies think you may have been discharged already (unless someone can point out something that I'm missing here?).

good morning TDA.
It is a mystery to me also,looking at it,it would appear some of the creditors have sold the debt to another company and set my old account to closed,is this something to worry about?it probably explains why it is set to default and satisfied.

Hi nearlythere.

The sale of debts during trust deeds is very common and nothing to worry about.

Are there new entries on your credit report from the debt purchasers?

no there isnt any new entries at all,should there be?

I'm not 100% sure nearlythere, none of us claim to be experts on credit files.

It just seems odd that the balance appears to have been cleared as a result of the sale of the debt. I wondered if a new balance would have appeared instead from the debt purchaser.

Sorry I haven't been of more help, it is all quite confusing. Maybe someone else will have some personal experience they can share...

It would make sense that a new balance would appear by the debt purchaser,has me kind of worried now that i'm going to be chased up from these people.you have been more than helpful TDA thank you very much.

Don't worry about being chased. There is nothing that they can do to you.

If they do chase you can ask them to update their records and the credit reference agencies once you are discharged (when the debts will no longer exist whichever way you look at it).

Their responsibilities for data protection and data accuracy mean that this should get done promptly.