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Scottish Trust Deed Forum
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Topic starter
02/03/2014 10:26 am
Hello.
What role/rights/authority has the trustee got on my financial dealings after being discharged?
Secondly, after discharge can the trustee activity pursue PPI claims from companies listed/owed money on the Trust Deed?
Thanks.
02/03/2014 11:04 am
Hi jam14 and welcome.
There are two discharges, yours and your trustees.
They may discharge you, but remain in office to perform certain tasks related to your trust deed. PPI claims is an example and quite common now.
Their role ends when they are discharged.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
02/03/2014 12:05 pm
Hi & thanks for the quick response 🙂
Can a Trustee investigate/make a claim on any potential PPI claim on credit cards/loans taken out & settled prior to the TD being established?
Regards
quote:
Originally posted by Trust Deed Assistant
Hi jam14 and welcome.There are two discharges, yours and your trustees.
They may discharge you, but remain in office to perform certain tasks related to your trust deed. PPI claims is an example and quite common now.
Their role ends when they are discharged.
02/03/2014 12:37 pm
Yes because it is an asset (or potential asset) that existed before the TD is signed.
Just about all of the TD firms are doing this. There are 1001 threads on the forum on this subject.
02/03/2014 1:15 pm
Hi jam14.
CIF is correct.
The aim is to raise more money for the creditors of your trust deed, not specifically to reclaim PPI from the creditors of it.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds
