Hi upstream Ha! You should have told them to log onto the site and gain some knowledge! Mark
Hi beccam Strange, I just came out of a Liquidation creditors meeting and the Director advised that he was in the same position you described earli...
Good point upstream. One of the duties of the Trustee is to deal with creditors and if it's one who persists, then the Trustee should be even more pe...
Hi Theshadow Creditors can be a pain, although in my experience 98% are fine. Fortunately we have an office in Ireland who deal solely with coll...
It's always good to have a copy as TDA says and it may be an idea to request that this be re sent just for your own records. The key thing is that ...
Hi beccam No problem, always glad to help. Mark
Hi saabrina Well done, the timing of the discharge looks pretty impressive. Either that or you've been hounding them daily! I'm note sure why y...
Hi beccam Sorry I meant to say the exposure would be the full extend of the guarantee, not half as the bank will have the option to pursue for the ...
Hi both This is correct, the Personal guarantee is a contingent debt ( one that depends on a future event)when the date the Trust Deed is signed an...
Hi Hope4me No, as mentioned above, any liability only happens if they fail to pay, but they won't be classed as debt in the trust deed. Mark
Hi Hope4me no notification in the local paper. The only details appear in the Register of Insolvencies which is online. As the car is under a co...
Hi Tony At least you'll understand the reasons for your cup stand falling apart! Mark
Hi jb70 Hopefully it will work out and the trustee will take account of the ongoing payment for the new car. As you mentioned earlier, it's a wi...
Hi Mercy2604 Let us know how you get on. Hopefully the trustee will see sense and agree. Mark
Hi Mercy I wonder if it's beneficial ( slightly ) to start the reduced payments just now as opposed to making full payments as this will at least g...