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Scottish Trust Deed Forum
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Topic starter
14/09/2016 6:48 pm
Hi all,
Got a letter from them with a newsletter, said in it as my Trust Deed is ended and that the Court of Session ruled Trust Deeds cannot be reopened, any claim I make now the money goes to me and not my TD provider.
Basically, my question is - is this true? I have one or two things I could claim, one being the fees for an RBS Gold account I was told i had to have for my mortgage and overdraft, but with my new job I cannot risk having my trust deed reopened :-/
Every end has a start !!
Topic starter
14/09/2016 6:55 pm
To confirm, they state that:
"We have just received written confirmation that The Outer House, Court of Session have upheld a Sheriff's decision that a Trust Deed CANNOT be re-opened by a Trustee if both the debtor and Trustee have both been discharged. More to follow in the next coupale of days."
Every end has a start !!
15/09/2016 10:02 am
There certainly was a judgment to this effect, time Lord, but in a particular case on, based on the wording of the Trust Deed in that case. So it doesn't necessarily follow that this can be applied across the board. Indeed there are quite a few members of this forum that are still awaiting PPI payouts despite this judgment.
There is also the possibility that the decision in that case could be appealed...
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