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trust deed discharge

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(@topsyturvy)
Active Member
Joined: 12 years ago
Posts: 11
Topic starter  

Can someone advise me please. I filled in ppi forms about 18 months ago & it was found there was none to claim. My trustees KPMG sent me discharge papers on 6th December 2013 saying i was discharged but they would remain as trustees until they were certain there was no ppi to claim. This week i received another lot of forms from Equity regarding ppi & asking me to complete as they are investigating on behalf of KPMG. They had originally said there was none to claim. I don't understand what's going on so contacted them & told them i had letter of discharge from KPMG so surely all the investigations must be complete, they asked me to put this in writing to them, i said to contact trustee themselves & get it verified. Can trustees & Equity keep bombarding me with forms at this late date, i feel they are going on for ever & really want all this behind me. Many thanks for advice


   
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Mark McFadyen
(@mark-mcfadyen)
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Joined: 17 years ago
Posts: 4798
 

It's an interesting point. As you have been discharged, you are under no obligation to sign the forms and you should advise them that it is not your intention to sign the forms.

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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(@topsyturvy)
Active Member
Joined: 12 years ago
Posts: 11
Topic starter  

Thankyou Mark. I'm worried that trustees will not discharge themselves if I refuse to complete the forms & also maybe take some kind of legal action against me, On the new forms they have given a card number but i don't have a clue what it relates as all the cards were destroyed years ago, they say this a Santander account which bought over a few companies.


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
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Joined: 17 years ago
Posts: 13594
 

Hi Mark.

I thought it was common for a trustee to remain in office while PPI investigations are undertaken?

Probably a better option than keeping someone in their trust deed for much longer while it's all done.

Is there something different here that I'm missing?

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


   
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Mark McFadyen
(@mark-mcfadyen)
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Joined: 17 years ago
Posts: 4798
 

Hi topsyturvy

I'd love to see that legal action!! Don't worry, they would have no grounds. They should have looked at this before discharging you.

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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Mark McFadyen
(@mark-mcfadyen)
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Joined: 17 years ago
Posts: 4798
 

Hi TDA

Yes, it is quite normal, however I was referring to the individual's requirement to sign documents after discharge.

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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(@topsyturvy)
Active Member
Joined: 12 years ago
Posts: 11
Topic starter  

I would have thought 18 months was time enough for them to investigate PPI. My husband's was all sorted out & paid nearly one year ago & why wait until 6 months after letter of discharge.


   
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(@topsyturvy)
Active Member
Joined: 12 years ago
Posts: 11
Topic starter  

Final payment on trust deed was July 2012. Letter of discharge was not sent until December 2013. Just feel it's getting dragged on & i'll never be free.


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 17 years ago
Posts: 13594
 

Hi topsyturvy.

If you have been discharged you are free.

A trustee remaining in office should make little or no difference to you.

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


   
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(@topsyturvy)
Active Member
Joined: 12 years ago
Posts: 11
Topic starter  

Thankyou so much Mark & TDA for all your help, i can sleep easier now.


   
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Mark McFadyen
(@mark-mcfadyen)
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Joined: 17 years ago
Posts: 4798
 

No problem at all.

Take away all the unknowns and things are always a lot clearer.

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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