Trust Deed Forum

Nick Smith
Nick Smith
@nm89
Eminent Member
Joined: Aug 28, 2023
Last seen: Sep 18, 2026
Topics: 1 / Replies: 35
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RE: Advice needed

Hi Housi, You should definitely disclose this to your Trustee as soon as possible. There is a material change to your financial circumstances. Had...

22 hours ago
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RE: No longer employed - need advice

Hi Emma,In basic terms, your Trust Deed is split into two different parts:1. A contribution from your income for a period of 48 months;2. Realising th...

3 weeks ago
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RE: URGENT🙏🏻 can someone please advise on my trust deed literally drowning

Hi Lhen, Check your debt solution In the first instance, check back your initial paperwork. What your describing does not sound like any Protected...

4 weeks ago
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RE: Feel tricked and hopeless. Trust Deed has ruined my life

Hi Hawthornflk, I can see Paul has provided a very balanced and reasonable response. Not sure why, but this is the first I am seeing this post. Re...

1 month ago
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RE: TD ended early - injury claim concern

Hi Lee, The first point to consider is the exact dates. In normal circumstances, 'acquirenda' lasts for 4 years from the date you granted Trust Deed...

1 month ago
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RE: Zero DCO advice after 12 months

Hi Indi85, This is an understandably common area for confusion. Your personal discharge does not bring the sequestration or the DCO to an end; it on...

2 months ago
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RE: Job Application

Hi Ted, it's impossible to say if or how much it would impact your employment chances as only the employer could confirm that. Two key points: 1. Ch...

3 months ago
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RE: Early Stages

One further point to note, from Marie's comments: Where a Trust Deed is granted, there is a legal obligation to default accounts as at the date of g...

3 months ago
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RE: Early Stages

@twotone90 Hi Twotone90, reviews are conducted at 12 monthly intervals and they tend not to be particularly intrusive. The reviews can result in your ...

3 months ago
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RE: Complaint against trustee

Hi NewGuy, I would first check that the complaint has been issued to the correct [email] address for complaints, in line with the Firm's Complaints ...

4 months ago
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RE: Salary increase Missold

Hi NewGuy, Not all Trust Deed providers are regulated by the FCA (this is not a requirement, as their Insolvency licence provides sufficient authori...

4 months ago
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RE: Early Repayment

Hi Qwerty, The only way to "repay" a Trust Deed early is to pay the full balance of the debts at the date of granting, plus statutory interest and t...

4 months ago
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RE: Child Maintenance Service Arrears - Direct Pay

Hi Bilko, That's frustrating! Without wanting to get too legislation heavy, the section to cite to your employer is 173(2) and 173(4) of the Bankrup...

5 months ago
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RE: Child Maintenance Service Arrears - Direct Pay

Hi Bilko, Arrears of child maintenance which pre-date the date of signing the Trust Deed, are a provable debt and are discharged upon completion of ...

5 months ago
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RE: Help please ...

@austinwood Hi Austin, I'm one of the experts on the forum and would be happy to have a chat with you, so you can get a good understanding of how a so...

7 months ago
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