Trust Deed Forum

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

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...

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...

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 ...

@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...

@jim2007 Hi Jim, yes I am JIEB qualified and work in Trust Deeds and sequestrations. If you would like to discuss anything, my email is nick.smith@qua...

Hi Jim2007, Paul is correct, there is no hard and fast rule regarding gambling on bank statements. I've dealt with a number of cases where gamblin...

Hi Steveo, The Trust Deed should leave the ROI one year after your Trustee's discharge. Usually Trustee discharge happens approx. 6-12 months after ...

Hi Rinskil, Discharge only lifts certain restrictions (for example, you can be a Trustee of a Charity, Director of a Company and obtain credit witho...

Hi Hawthorn, You've mentioned "IVA", given the forum, I'm assuming this is in error and you are in a Trust Deed? This is an important distinction as...

Hi Adam, In order to complete a Trust Deed early, you need to be able to repay the balance of your debts as at the date of signing, plus statutory i...

Hi Theo, You say "of course half of that is my wife", though I must stress this is only the case if your wife is on the title deed. Your comment doe...

@smit0310 There's a potential solution to this. You mention being in Year 5 of a 6 year Trust Deed. The final 2 years are presumably due to equity, ...

@layercake Hi Layercake. If I've interpreted your first post correctly, you have £16k debt, and your partner has £15k? Your share of equity is £31.5...