Trust Deed Forum

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...

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...

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...

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

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 ...

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...