Kevin Mapstone
Kevin Mapstone
@kevin-mapstone
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Joined: Feb 10, 2009
Last seen: Jul 15, 2024
Topics: 10 / Replies: 4239
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RE: Bank account while in a TD

Hi RyanK92. I think set-off only applies as at the date of insolvency - ie the date the Trust Deed was signed. I tend to advise just to steer clear a...

7 months ago
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RE: Help - so stressed over TD

Hi. It must be very stressful to have this all running around in your head and not getting a response from your Trustee firm. Keep on at them, as on...

7 months ago
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RE: Responsibilities in extended Trust Deed

I think most trustees will do an income/expenditure review at the end of the 4 years, just to check that there hadn't been a change in circumstances i...

7 months ago
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RE: 3rd Year Review

Hi there. I bet you are looking forward to counting down this final year! It is possible to have a third party pay into your Trust Deed for you, th...

7 months ago
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RE: Responsibilities in extended Trust Deed

Hi Sam14 My condolences for the loss of your father. To answer each of your questions in turn: 1) Is the narrative you quote from the Form 1B? T...

7 months ago
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RE: Early Settlement Offers

There's nothing in the regulations that prohibits dialogue. Happy to discuss with you - I'll contact you offline to organise. Cheers.

7 months ago
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RE: Early Settlement Offers

The 2011 regulations were amended in November 2019, so the payment distributor and money adviser get 20% between them and the DAS Administrator gets 2...

7 months ago
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RE: First time poster...

HI RC86 - sorry, I just noticed your question about the Form 5. You should have received this at around the same time as the Register being updated w...

7 months ago
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RE: DAS Full and final settlement

Hi Reg Jon. Please see my answer on your other post on the DAS forum. In answer this to this specific question, there are no particular criteria for...

7 months ago
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RE: Early Settlement Offers

Hi Jon. It certainly is possible to offer settlement offers to your creditors whilst in a DAS. I have done it myself successfully for more than one ...

7 months ago
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RE: Trust Deed Discharge or cancelled?

Hi Lisa219. They wouldn't have processed your discharge if there was an outstanding payment to be received from you for assets. Maybe that represent...

7 months ago
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RE: Trust Deed Discharge or cancelled?

It might be worth checking the Register of Insolvencies to see if there is a date showing for "date of debtor discharge". You can do this via the Acc...

7 months ago
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RE: Equity Years

That's right. If you can find the money from somewhere then you could pay off the amount needed and the Trust Deed should be able to be closed down. ...

8 months ago
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RE: Mortgage advisor

Some good advice from nm89 there. Let us know how you get on would you DCAM?

8 months ago
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RE: Equity Years

Do you have a copy of the original Trust Deed paperwork, smit0310? If so, you should check what the Form 1B says as this is the formal agreement rega...

8 months ago
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