There used to be a system in sequestration where an application could be made to the Nobile Officium for a seqestration, but I'm not sure if this woul...
Hi Chesterton35 This is a question which comes up quite a lot and I think the confusion is due to the restrictions in obtaining credit in sequestra...
Hi RoseG I must say, the only 2 uses I've found are for translating tombstones and telling my wife what year a TV programme was made by the letters...
Hi iwant2befree it's a good question & one with a number of variations. Generally if you need a car for work, then this should be an allowable expe...
No probs. Mark
Yes, the key point is the discharge date. Mark
No problem. Glad to help. Mark
Hi Snowball No problem. It's amazing how many times it happens. I know of a firm 20 years ago where the standard letter should have stated that...
TDA is correct Post sequestration assets are called acquirenda and this relates to assets acquired after the date of sequestration, but before thei...
Hi snowball The Trustee can only issue Form 5 when he can confirm that you have fully completed the trust deed and also ( and more importantly) he ...
Hi. RoseG There is no straight answer I'm afraid, although the discharge of the trustee should have no real effect on your own position. At the ...
Hi Sarah Looks like it. Well done for reaching the end. Mark
Hi Sarah Yes, discharge is automatic after 12 months, however the Trustee will remain for the full period of the sequestration and if you are makin...
Hi yellowdebs If both of you were in the trust deed, then the bank would normally commence repossession proceedings after about the 3rd missed paym...
Hi yellowdebs No problem. It always sounds a lot more complicated than it actually is, usually by solicitors over complicating matters. General...