Mark McFadyen
Mark McFadyen
@mark-mcfadyen
Famed Member
Joined: Feb 6, 2009
Topics: 60 / Replies: 4737
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RE: Sale of Property

Hi yellowdebs In a Trust Deed the Trustee normally send out Form 13 to the register of Scotland and this is recorded against the person as opposed ...

11 years ago
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RE: PPI

Well, I've read through the documents and do not see any great legal debate which may force RBS to back down. The argument appears to be that there...

11 years ago
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RE: PPI

I had a chat with someone involved in PPI last week who advised that he has had success in recovering funds from RBS even where set off applied. Stran...

11 years ago
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RE: More debt

Hi Andrea73 Don't worry, I don't think anyone on the forum will offer anything other than support. There was a similar post last week and this i...

11 years ago
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RE: Form 5 received

Hi Rickie1 Don't worry, the process after Form 5 is for the Trustee to work out and make payments to creditors and then seek his own discharge. Th...

11 years ago
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RE: Filling out Sequestration forms

It will take a fax or letter from the Trustee to unfreeze the account. This is normally done to safeguard funds. We have a standard fax when this h...

11 years ago
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RE: Form 5 received

Hi Rickie1 If you join and log in to the main page, the trust deed and bankruptcy info are located by clicking the 1st button on the left Bankruptc...

11 years ago
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RE: Could I have paid too much into my trust deed?

That's certainly a strange one. A pound to a penny, the call would lead to something completely different. Mark

11 years ago
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RE: Form 5 received

The Trustee must send a copy of Form 5 to the AIB for registration and therefore it is likely that your discharge will be recorded. It may be an idea...

11 years ago
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RE: Car on HP in Trust Deed

Hi Commando1 If it's a normal lease, then title will not normally pass at any point and therefore would not be an asset. Mark

11 years ago
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RE: Wanting to go bankrupt....

Hi missk88 upstream has summed it up totally. You would be unable to petition yourself while the trust deed is still in place and would need to ...

11 years ago
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RE: What happens if your income decreases?

Hi ikaw The key this that most people forget is the proposal at the start. The Trustee offers a proposal to pay a certain pence in the pound to cr...

11 years ago
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RE: advice please

Hi k13vnr1981 I don't think there is a definitive answer to this. They would need to take a view if this was transferred for the purposes of avoidi...

11 years ago
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RE: advice please

Hi k13vnr1981 That's a good point and there may be variations on how a company will look at this. The key thing is that the Trust Deed is a propos...

11 years ago
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RE: advice

Hi jt222 If the debts were incurred before the trust deed then they will be an ordinary claim. You should also question why they asked you to re...

11 years ago
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