Forum

Thanks for telling us about your experiences with a Trust Deed, Andyb1202, and congratulations on completing the payments. I am glad you found the fo...

Bank statements are mainly just so that the trustee can check the amount you are paying for your main bills by direct debit. Your trustee is unlikely...

Thanks for the update and congratulations on your new job! Very useful to know.

The defaults will disappear 6 years after the date showing on your credit file, however you should be able to get the dates amended back to coincide w...

Hi Piston95, This is entirely normal - your credit file is just a record of what has happened in the last 6 years and the current status if any debt...

Hi David. Welcome to the forum and thank you for your posts so far. There actually isn't anything to stop a creditor seeking a court judgement agai...

OK well that all sounds like how it should be. As you say though, if the finance was settled then the lender wouldn't have a valid claim in the Trust...

Hi Hayls_69 It's hard to know where to start with this. It is worth saying that it if somebody's circumstances improve after entering a Protected T...

Hi Nicola_36. Firstly, yes you should tell your Trustee about all household income. However, what they do about that information is not as straight...

Haha. Not at all - it's always good to share! Once the final distribution has happened then your trustee can get their own discharge and then the wh...

I'm glad to hear it finally got sorted out, though as you say it really shouldn't take so much effort and complaints to get to this point. Certainly ...

Hi Lee. I'm afraid that technically your debts are in default, so the lenders in question are within their rights to continue to report them as such ...

Welcome to the forum ozzymac13, your participation is appreciated. Whilst I am sure you were not meaning to imply that the advice provided on this fo...

The register of insolvencies is only updated with the date of a person's discharge after the Form 5 has been issued. As such, I think you may find th...

You would check this on the Register of Inhibitions and Adjudications which can be accessed online from Registers of Scotland, though I think you woul...