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: Payment of Trust Deed if made redundant

Dframe yes I am sure your trustee will be in agreement with your proposal. Remember though, if you receive any other sums above statutory redund...

6 years ago
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RE: Power of Attorney

Ironman Kevin is correct. I am afraid that in accordance with Powers of Attorney under the Adults with Incapacity (Scotland) Act 2000 , it spe...

6 years ago
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RE: Wages Decreasing

Hi there Jimmi Being upfront with your trustee is always the best route. Your trustee will provide advice and support to you outlining your option...

6 years ago
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RE: Newbie

Molly Thank you for sharing your story with the forum. Everyone will share the same feeling and emotions as you before entering into a trust deed. ...

6 years ago
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RE: Ending trust deed

Morning Unfortunately, a trust deed can only be closed early if you are in position to pay debt in full plus interest and all costs of the trustee....

6 years ago
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RE: Inheritance

Morning 194 Statutory interest is referenced in S129(10) of the Bankruptcy Scotland Act 2016. The Trust Deed will have a standard sentence regar...

6 years ago
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RE: Mortgage

Stuart Mortgages can be complicated as the lender will consider a number of factors such as credit score, affordability, loan to value, age etc. ...

6 years ago
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RE: Cancel Trust Deed After Signing documentation?

Delboy It is good practice for the trustee to provide clients with a time to think period before the deed becomes legally binding. As David and ...

6 years ago
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RE: Inheritance

194 Just one more thing I would like to add. Legislative changes in 2013 allow a trustee acting under a protected trust deed to charge a fixed f...

6 years ago
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RE: Car finance after Trust Deed Discharge

Morning Farcry Sounds like you have had a difficult time of late. If you are obtaining finance from the dealership, the car salesman will act as...

6 years ago
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RE: DAS - moving mortgage

DASDude I agree with David. Not wanting to be the bearer of bad news however one of the conditions with your DAS plan is that you agree not to t...

6 years ago
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RE: Cant pay TD this month

Silly These things happen. The best thing to do it to call your administrator explain the position and try and come up with a way to either clea...

6 years ago
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RE: Death of a trust deed holder

Sorry for your loss Gail. Normally work pensions have named beneficiaries detailing how the proceeds are to be split in the event of the employee p...

6 years ago
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RE: Newby - mortgage advice

Morning Windswept Credit reports and trust deeds are rather confusing and at times complicated. As you can appreciate there are a number of credit ...

6 years ago
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