Paul McDougall
Paul McDougall
@paul-mcdougall
Moderator
Member
Joined: Jul 16, 2019
Last seen: Jul 31, 2023
Topics: 1 / Replies: 163
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RE: Trust deed nearly the end

Afternoon That is good news indeed. The Accountant in Bankruptcy will update the Register re the From 5 Discharge. The Trustee will seek to ob...

2 years ago
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RE: Trust Deed Ended..

Morning Debtfreeyay Tigh provided excellent advice and I would echo the advice they provided. In terms of mortgage advice, a mortgage advisor wou...

2 years ago
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RE: Trust deed nearly the end

Hi there I would recommend emailing the firm after the 14 June 2023 requesting a copy of the Form 5 Discharge. P

2 years ago
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RE: Review in fourth year

Morning Fleur In practice, cases are managed through a computer software package that provides a diary management system ensuring the Trustee a...

3 years ago
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RE: Running out of options.

Afternoon John As Kevin outlines, there are various options that may be available for you to consider. A Trust Deed is one of those option. I...

3 years ago
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RE: Post trust deed questions!

Afternooon Ella1 The forum has a useful summary how to improve your credit report and can be found at I think this blog should answer your querie...

3 years ago
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RE: DPS

Morning I agree with Kevin, when you fulfil your obligations the Trustee should action the Form 5. I have had quick look at the legislation - ...

3 years ago
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RE: Personal Discharge

Stevod1985 Well done and huge congratulations. It is a high achievement. Please keep the Form 5 safe. Thank you for sharing your positive expe...

3 years ago
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RE: Struggling...

Morning Amerififer Your contribution is based on affordability and in accordance with the common financial statement. Have you reached out to your ...

3 years ago
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RE: Monetary Gifts

Afternoon The legislation basically states that if you acquire any funds during the 4 year period then these are conveyed to the Trustee. An elemen...

3 years ago
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RE: income tax debt

Johnty I agree with Kevin , since the beginning of this year HMRC are now objecting to most if not all trust deeds for a number of reasons. Thei...

3 years ago
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RE: Pip backdated

Hi Abi Benefits including PIP cannot be taken as a contribution so it will not be classed as a windfall. p

3 years ago
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RE: Car finance

Morning KCB Entering into a statutory debt solution will affect their ability to obtain finance in the future however, if the trustee is in agreeme...

3 years ago
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RE: Car insurance monthly payments

Morning Keepingthehope I do not foresee there being an issue. I agree with TDA, I have been providing advice for over 18 years and administering t...

3 years ago
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RE: Question

Morning Nicci What you have advised is common and you are entitled to a holiday. I do not foresee there been an issue as long as the payments per m...

3 years ago
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