Mark McFadyen
Mark McFadyen
@mark-mcfadyen
Famed Member
Joined: Feb 6, 2009
Topics: 60 / Replies: 4737
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RE: Thinking about Trust Deed, concerned re house

Hi Hope4me No, there should never be upfront payments under any circumstances. It the reason why people should avoid fee paying middlemen. The p...

11 years ago
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RE: Thinking about Trust Deed, concerned re house

Oh! and the top up bit makes sense. Mark

11 years ago
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RE: Thinking about Trust Deed, concerned re house

Hi Hope4me The trust deed requires be be over a 48 month period. This changed from the previous 36 months in Novrmber last year. The property an...

11 years ago
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RE: Thinking about Trust Deed, concerned re house

Hi Hope4me I would need to have a look at the shared equity agreement. Incorporating a payment in a DAS is easier as the debt is paid in full, how...

11 years ago
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RE: Thinking about Trust Deed, concerned re house

Hi Hope4me No, if it's conditional sale, then you would retain the car and maintain the payments, so the Trust Deed would have no effect on this. ...

11 years ago
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RE: Thinking about Trust Deed, concerned re house

Hi Hope4me As mentioned by TDA above, there should be nothing to prevent you looking at a trust deed based in the information you have provided. ...

11 years ago
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RE: New Job after 4 1/2 months of unemployment

Great news. Hopefully it all works out and the Trust Deed is finalised quickly. Remember to keep on their backs! Mark

11 years ago
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RE: PPI claim full payment not paid

Hi pinpong S.11 relates to a creditor not being able to raise legal recovery proceedings to recover their debt and S.19 relates to the creditor's i...

11 years ago
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RE: PPI claim full payment not paid

Hi BLUETHUNDER It may be that you previously had a citicard which was cleared or changed prior to the Trust Deed, however they are correct that any...

11 years ago
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RE: Early settlement

Hi Trustdeedbetty Yes you are correct. I don't see how the early settlement and PPI are connected in anyway! I know some firms are nervous that...

11 years ago
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RE: Almost there... I think

Hi Jamie12 Once you are discharged, your trustee can have no further interest in your income/bonuses etc. The trustee remaining is normally to c...

11 years ago
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RE: Director/Shareholder

Hi asterix I suppose there's 2 parts to this. Firstly there is no restriction in you being Director or Shareholder in or out of the Trust Deed, ho...

11 years ago
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RE: Drowning under a sea of Debt

Hi Islander23 Welcome to the forum first of all. I think the figure of £80k alone would be difficult to manage as you say and the payments may jus...

11 years ago
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RE: Can't believe it's almost job done !!

Well done Carol It's always good to hear from someone who has went through the process and came out the other end. Mark

11 years ago
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RE: Own business

No problem and good luck, I hope it all works out. Mark

11 years ago
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