Hi, Lorenzo I full endorse TDAs comments above. Chris
Hi Girl 10, Your automatic discharge from your Sequestration (Bankruptcy) is after 1 year and Kevin is correct that any windfalls (such as the Lott...
Leeper1974. EdM makes a good point about the costs involved in the sale of a property. Bear in mind though the value of the property - if the prop...
Paul is correct - no equity (rented accom) - no assets identified. So no reason to be extended, however you should note the previous comments/topics i...
All the firms that are on here would have identified the relevant course of action at the commencement of the Trust Deed so the client knows what is e...
Hi sairfecht Once a precised background to your situation including a breakdown of values of assets, income and expenditure and level of indebtedne...
Hi Lucy Totally agree with Mark that the Trustee will be looking for in the region of £18,500 which represents a half share of the equity in the tw...
Hello Andrea 73 TDA makes some very good points about: a. informal Debt Management Plans v Debt Arrangement Scheme in particular in relation to...
Hi JM1727 As an alternative to ensure peace of mind you could ask the Trustee for a copy of the Protection Certificate provided by the Accountant i...
Morning Helpnomoney It does sound as though Sequestration is the most appropriate route but without knowing the full details of Income and Expendi...
Hi Versace 1888 Not going to cover old ground other than to confirm Mark's thoughts above that if you commence the process again after discharge (w...
Agree with Kevin on this matter - think the Trustee is being very fair with the amount to be realised.
I would fully endorse what has been said to date. Sequestration may not be the worse option, if you can manage the Trustee under the Trust Deed to re...
Hi Alba, Sorry cannot offer any solutions to your predicament, other than what has been suggested. Chris
Hi Tessa, You may wish to obtain a copy of the Statement of Affairs sent to "all known creditors" - you should have got a copy of this at the time ...