Trust Deed Forum

Hi Mr. Hopeful and welcome to the forum. Opening up, talking about your financial position and reaching out for help and advice can often be the ha...

Hi Star, I don’t think you have anything to worry about and I’m sure the money will come your away eventually. Just an internal admin process as ti...

Hopefully the rapid update will work for you in time. I’m not sure about legal recourse against the bank rb2017. Something you would need to take l...

Hi rb2017, I started off reading you post and thinking what a great update for other people who are financially struggling as it will encourage the...

Thanks for sharing this information Kevin, I’m sure it will be useful for people who are considering entering into a plan with a firm to deal with the...

Hi Jt74 and welcome to the forum. Did you ask the advisor you are dealing with about this? Ideally the guidance set out by the Accountant in Ban...

Hi Tdfree2012, The closure of the Trust Deed letter and more importantly Form 5 discharge of debtor are the forms which you want to take copies off...

Hi Tdfree2012 and welcome to the forum. It’s up to your creditors to update their system and it would appear that they haven’t done this when your ...

Hi cb85, Your circumstances all sound pretty straight forward and a Sequestration if that’s your chosen route should be simple and straight forward...

Hi Ac1987, In my experience of this the money will be in the “system” of the bank and might not have landed anywhere just yet. Once it does and ...

Hi cb85, Like TDA has advised your creditors won’t be notified about anything until you are formally in Sequestration. An informal chat with an ...

Hi cb85, In my experience credit unions normally object to a Trust Deed. Not all firms that promote debt advice will take on and handle a Seques...

Hi cb85, How much debt do you have? Also, how much is your PCP payment per month for the vehicle? A car which is reasonably required for work...

Hi Chrisg144 and welcome to the forum. It is possible to end a Trust Deed early but I can cost you a lot more than if you allowed it to run its nat...

Hi hf1998, Like TDA and Kevin have advised give your Trustee a call and ask them to deal with it. You may still receive the odd letter like this...