Hi SkintAlly Re Form 5 ( your discharge ) The Trustee issues you with Form 5 which states you have completed the trust deed. He MUST also send a c...
Hi mags67 Unfortunately no, as the whole thing depends on the Trustee being discharged. While they remain as Trustee, any PPI would be paid to the...
Hi Henry C The position with PPI comes up regularly on the forum and the key point is when the trustee is discharged. After 2008 an individual c...
Hi Drew In all options you are not paying the full debt plus interest, so credit rating will normally fall to the 6 years for all. If the trust ...
Sorry Drew I meant to say that even at £250 per month it would be quite tight as a trust deed. Also the car would not be an issue. Typing too fast ...
Hi Drew Your credit rating will be affected whatever option you look at unfortunately. Everyone always has a strange frightening ideas about seq...
Hi Drew Can you let me know what the debt split is. ie how much is in your name, how much in your wife's name and how much in joint names. This ...
You're right kevin. It's interesting on 2 points, firstly that sometimes it's all about timing with HMRC as I can't remember a case where they have w...
Hi Daniel I'm cheating because I've already spoken with you. As discussed, HMRC are probably the only creditor to be wary of, although they do n...
Hi hajxel This is normally the hardest step, but it's nowhere near as daunting as people thing. Once you are clear on what each option entails, th...
Hi SkintAlly You are absolutely correct. I can't think of any other work that would fall outwith the normal administration of the case which wou...
Hi Kevin I think it's always better to double check these things. I've seen too many things over the years where the default position is adopted f...
Hi Dollar I've been doing a bit of digging about on this and you should certainly clarify the beneficiary position. I'm disappointed that both t...
Hi hajxel We have all probably managed to provide a crash course in options in Scotland and things are hopefully a little clearer as to at least wh...
Hi charlie girl The subject has came up on the forum many times and the main problem will be that the trust deed will still show on your credit fil...