Hi ALCO2622 Do you know if the Trustee was formally discharged in your case. Generally if they have been discharged, then there should bo nothin...
Hi Cav3 It's the fear of the unknown which is the killer. That is why it is always best to sit down and look at all options and see what best suit...
Hi TDA Could you not sell a wee bit of advertising space on the site and have a few companies battle it out for providinf car finance for people in...
Hi Mummyof4 If they had been notified of the trust deed, they receive a claim form to complete. If not, the the trustee should be able to contact t...
Hi Cav3 TDA had pretty well summed up matters. In all cases there is a requirement to carry out a financial review to look at all income and all...
Hi Pinalta It's probably no comfort, however without agreement, your wife will require to proceed with an action of Division and Sale which may tak...
Hi Mummyof4 Don't worry too much, the new regulations state that a creditor, notified or not, has no higher right to recover their debt. It goes o...
Hi Kevin Good to have you back. Mark
It's actually an interesting point if the debt was sufficient to have stopped it becoming protected, however I don't think i can recall a PTD becoming...
Hi AlphaB If there isn't a material change in circumstances, I can't see there being any reason for a change in contribution. It's also unlikely...
Hi Gallows88 TDA is correct, the purpose of a Protected Trust Deed is to equalise all creditors, so one has no higher right than the other. In a...
Hi Porcupine It would depend on the numbers involved I suspect and the level of contribution. I think a lot of firms have a limit of around £8k-...
Hi whitley87 The former bankruptcy would not stop the signing of a trust deed or have any effect on it. Mark
Hi Porcupine Yes, its £5k under the new regulations. Mark
Hi on track Glad it's all working out and good that things are progressing well. Its a fairly common point by people on just how quickly the tim...