insolvencyboy
@insolvencyboy
Eminent Member
Joined: Apr 12, 2010
Topics: 0 / Replies: 30
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RE: Extending duration of Trust Deed

Agree, check with the IP. Some firms may adopt the view at the start of the Trust Deed that the contribution can go up or down dependant upon level o...

15 years ago
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RE: confused

It makes sense to value the property before you sign a Trust Deed. This way you know where you stand in relation to equity. It will enable you to ...

15 years ago
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RE: wilson andrews

Totally agree with Mark's comments. In the meantime find out who the firm is and attempt to find out if they are licensed and who by.

15 years ago
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RE: trust deed

In answer to how I know so much: I have nearly 20 years experience in the Welfare Rights and Money Advice fields both in England and Scotland. T...

15 years ago
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RE: Employee tax & NI

Yes, HMRC obligations can be included within a Trust Deed proposal

15 years ago
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RE: bankruptcy

The initial process will be a Warrant to Cite will be issued by the Court - citing you to attend court on a given date (usually about a month from the...

15 years ago
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RE: trust deed

Lump sum Trust Deeds exist but they relate to asset realisation when the Truster (person signing Trust Deed) has no disposable income to pay a contrib...

15 years ago
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RE: very nervous about TD

The important thing is not to be pressurised into signing any Bankruptcy documentation if your TD fails to become protected. I hope it does become ...

15 years ago
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RE: wilson andrews

Agree all comments Might be worth having a look at the guidance provided in the blogs about appointments, equity, cooling off period - time to thin...

15 years ago
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RE: am I unique?

Payment Distributors under the DAS are approved by the DAS Administrator (the Accountnat in Bankruptcy) they are paid a set fee, which I believe to be...

15 years ago
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RE: lila & bankruptcy

The Accountant in Bankruptcy assess a LILA in the same way they assess a Bankruptcy, and therefore yes there is a possibility that even though it has ...

15 years ago
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RE: am I unique?

The DAS process can be found on the Money Scotland website. you have "equity twice the size of your debts". Therefore you are not insolvent and ...

15 years ago
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RE: Equity and Phone calls

I would be very surprised if you Trust Deed was due for Protection on 6th April given you signed on 3 March 2010. Signed 3 March 2010 Earliest adv...

15 years ago
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RE: am I unique?

Have you considered going to your Mortgage Company to discuss what options they would suggest.

15 years ago
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RE: very nervous about TD

Hi, I am sorry you feel apprehensive about the Trust Deed process having signed the Documents. It would be hard to comment upon whether you have...

15 years ago
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