Hi Jawigr05 TDA is correct as I don't think it is wise to advise on one specific route based on the current information. Sequestration may suit som...
Hi angi3bbz Yes it was accepted with no objections and protection docs are being forwarded for registration. Mark
I did the same thing and checked for some information and it appears that the position varies from lender to lender. I wonder if the difference is th...
The time period would need to be discussed with the Trustee once the equity had been assessed. If you made payments and the property was sold, then...
Hi Stevio if she does not sell the house, the Trustee will extend the period of the Trust deed until the equity is dealt with. The other option wo...
Hi mccannrfc As Kevin says, this is something which only the Trustee can agree. Many trustees are reluctant to settle early as this reduces any ...
Hi Stevieo Welcome to the forum. You would be surprised how often this happend. I have dealt with a number of cases where a Minute of Agreement h...
Hi LisaJane TDA is correct. For the Trustee to issue Form 5 there is a legal requirement for the Trustee to advise creditors that you have fulfill...
Unfortunately I think normal credit search rules would apply even for a sofa, so it may be difficult. It is extremely unusual for a sofa to be unde...
Hi TDA Yes the inhibition would be in place, although only if this was renewed by the trustee! However this should not show in a banks credit check...
Hi TDA Would the position change if the individual was discharged, but the trustee remained in office? Mark
Hi Zeaus1976 Can you advise what the total level of debt was and what the total monthly contributions were? If you have still have a copy of the...
Hi Jay You are correct. Hopefully the Trustee will go with the suggestion. Mark
Hi Jay1874 The older Trust Deed had a termination part which included an Offer of Composition, however the 2013 Trust Deed doc had this removed for...