Sorry I meant to expand on the payment bit. If you have been maintaining payments on the together loan for the duration of the trust deed, then all pa...
This certainly sounds like Northern Rocks 'Together Loan' In terms of the trust deed, NR will normally take payment of the mortgage and an addition...
Hi leeper1974 No, it should have been forwarded to you with a copy going to the AIB. It's the copy the AIB use to update the details. There shou...
Hi upstream It's an interesting point, however the trustees discharge is effective 14 days after Form 6 rather than when it's registered. There's c...
Hi kdog7 I fully agree, however I think TDA is correct in this one. I have been working alongside Pinalta on this case and it is by far the wors...
Hi BigDB You should have received copy Form 5, however i wouldn't worry too much as the main thing is that this is registered with the AIB website....
Hi Roy The normal process would be for the lender to take a security over the property for the loan. However this could not be achieved due to the...
Hi Roy No, you not be able to release funds or deal with the property without the consent of the Trustee. There will probably be an issue with you...
Hi Bitesized It's one of those areas which can seem unfair. If your income increases, then the Trustee can re review the level of contribution and...
Hi kdog7 There should not really be anything holding up Form 5 as the Trustee can remain as Trustee to deal with creditors, dividends etc. Keep ...
It's a good point TDA as I dont think there's a requirement for Form 6 to be issued to anyone other than the creditors when the Trustee is seeking the...
Thanks for the kind words. To be fair, it's easier to structure something like this when you've been doing it for 25 years. I think the biggest pro...
Hi HAPPYATSEA It's certainly a strange one. if they decide to take this as a sequestration themselves, then it would only be done on the basis tha...
Hi trustdeed1 It will be interesting to see the results. As you say, sometimes it's the better option to hand these things over to people who have...
Hi trustdeed1 The period should be from the start of the Trust Deed and the extension should have no effect on the 6 year period. Although from p...