In some cases, DAS might well be a realistic, and more appropriate, option than either a Trust Deed or sequestration; individuals avoid insolvency and...
Hi Porcupine, "I don't even think we ever bother writing to the Trustee for a dividend at the end of their Trust Deed, it's usually not worth the t...
No doubt the 50/50 split will be after the solicitor's fees and outlays, the claimant's legal expenses and a funder's success fee. After all these co...
Hi AberdeenPhoenix, I don't understand why more people don't consider bankruptcy. From what I can see there's not a great deal of difference betwe...
I think the trustee is entitled to 20% of realisations because these are the fees you agreed to when you signed your Trust Deed, but there is nothing ...
Hi, Have you been advised by a solicitor that you don't own the house? The law can be complicated, especially where different areas cross over, an...
Perfect sense, thank you. It's a pity that creditors can't be offered an early settlement and make a commercial decision as to whether or not to fo...
Hi Sharon, do you know why it changed?
Thanks Kevin. Doesn't seem worth the effort, although I guess some refunds will be higher than £75.
Great advice TDA. Good communication is key to solving most problems.
It used to be VW Finances policy to cancel agreements and repossess vehicles if they became aware of bankruptcy, IVA or Trust Deed. Not sure if this ...
Thanks David.
Perhaps the guidance needs to be clearer?
Thank you for your replies. I have experience of sequestration and was wondering how a trustee in either a Trust Deed or sequestration would treat re...