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: Outstanding trust deed debt incorrect

Morning Nicci The list of creditors is an estimated statement of affairs. Please be assured, this will work itself out in due course. Can you co...

3 years ago
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RE: Annual review

Morning Nicci Try not to worry , the trustee will only sense check the figures to ensure essential expenditure can be verified as well as regular d...

3 years ago
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RE: Trust deed causing me stress and anxiety

Morning Question Sorry to hear about your situation. In assessing the income and expenditure, the trustee is required to use the common financia...

3 years ago
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RE: Extension of Trust Deed

Morning Charles When you executed your trust deed, did you sign a form 1B agreement in respect to your property? Both an extension or a third pa...

3 years ago
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RE: selling house

Morning DJ1971 When you enter into a trust deed, your estate is conveyed to your trustee. If you sell the property that may nullify the Form 1B ...

3 years ago
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RE: TD remortgage

quote:Originally posted by Paul McDougall [br]Afternoon For individuals that have entered into a trust deed and when their mortgage deal ends that...

3 years ago
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RE: TD remortgage

Afternoon For individuals that have entered into a trust deed and when their mortgage deal ends that it is true that you would not be able to move ...

3 years ago
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RE: Inheritance- early settlement 50% fees

Morning I would not suggest going to your MSP as I do not believe that would resolve the issue. I am on the working group set up in response to ...

3 years ago
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RE: DAS - settlement

Evening It is a quick process. Once you make payment to the Payments Distributor, payments should be made to creditors within 5 working days in acc...

3 years ago
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RE: Inheritance- early settlement 50% fees

150389 We have had a similar case recently and we wrote to creditors asking them to forgo their interest payment. I am pleased to say all creditor...

3 years ago
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RE: applying for guardianship

Afternoon The provisions for guardianship orders are contained within the Adults with Incapacity (Scotland) Act 2000. The proposed guardian has to...

3 years ago
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RE: Help - feeling overwhelmed!

Morning Ladyjip Happy to help and it is always good to get a second opinion. Thank you for sharing your experience on the forum.

3 years ago
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RE: Cost of living crisis

Good morning The outlook for this year is bleak to say the least and most individuals, regardless of financial position, are likely to be affected ...

3 years ago
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RE: Realization & Settlement Query

Morning IHume When you enter a trust deed, the fees comprise of a fixed fee element as well as a % of realisation fee. When additional assets are ...

3 years ago
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RE: Employment Contract

Moring Lhen I agree - i do not think it will be a problem however, if you are asked honestly is always the best policy. p

3 years ago
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