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Topic starter
26/07/2013 7:25 am
Hi there,
What is the process for closing a TD. What documentation do I need to provide etc? I know I may have to continue for a few months to cover the value of my car, but do I need to provide bank statements/proof of income etc?
Thanks!
26/07/2013 7:44 am
Hi buzzbee
I wouldn't have thought so. The car position is separate from contributions and your income/expenditure and nothing to do with this.
Process for closing is;
ÔÇóComplete contribution & assets payments
ÔÇóTrustee issues Form 5 to you ( your discharge)
ÔÇóTrustee issues Form 6 to creditors ( his discharge)
ÔÇó 14 days later Trust Deed fully completed
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
26/07/2013 8:00 am
Great - thanks Mark!
