Hi James and welcome to the forum, First off well done on reach out for help and advice and taking positive steps to deal with your debts. To an...
Hi CelticTiger, I think you are right to look into things more and it’s probably a good idea for your family member to seek a second opinion in rel...
Hi CIF, You are welcome. Glad we can help with some advice and that it’s helping you. It’s important that any payment that you pay towards a Tru...
Hi CIF, Based on what you have advised it looks like a Trust Deed could be a suitable option especially with approx. £43,000 of debt. Don’t worry a...
If it’s all fallped off of your credit report then you might be fine securing a mortgage. Let us know how you get on.
Hi Duncan and welcome to the forum. I can understand your frustration about this and why you are feeling a little worried. As you have already e...
Hi Alexander P and welcome to the forum. I’d send this letter onto your Trustee and request that they contact the creditor and advise them of the T...
Hi CIF, It’s a lot more common than you think and Kevin and I both regularly deal with people who need a second Trust Deed or even a DAS to deal wi...
Hi Rebecca, Try not to get too stressed about things. If you cannot afford a suitable payment towards the Trust Deed the likelihood is it will fail...
Hi, When you say your Trust Deed failed what did you do about the debts? Did you enter into another plan to deal with these? If your credit repo...
Hi JMCF1, Thanks for the extra information. Don’t apologise. As you said it’s all new to you. I’ve being doing this almost 17 years and know the qu...
Hi JMCF1, Thanks for this information. Sometimes Hitachi can object to a Trust Deed. If a lender has 1/3 of your total debt or it’s a majority i...
Hi JMCF1 and welcome to the forum. Just to echo what TDA and Kevin have advised, I can completely understand your frustration about reaching out fo...
Fantastic news Bains. All you need to do now is make all of your payments and you will be debt free at the end. The countdown begins.
I think it’s very unfortunate that something like this remains on the Edinburgh Gazette website long after a Trust Deed or Sequestration has been comp...