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: Help

Hi there Navrig The level of payment is assessed using the common financial statement. The Trustee does not have discretion regarding overtime. ...

4 years ago
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RE: Credit file

Morning Your credit report should report reality and your creditors should have updated the account to "settled". Have a look at the blog H...

4 years ago
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RE: Confused

Good morning Patsy Your Trust Deed concludes when your Trustee receives their discharge. There are previous posts in relation to credit file an...

4 years ago
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RE: Trustee Discharge vs Debtor Discharge

Morning Sage TDA is correct - it falls off the register 1 year after trustee is discharged. p

4 years ago
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RE: CMS DEO

Morning KevD Apologies for the delay - I was on annual leave. Once a Trust Deed is protected then any existing arrestment's cease to have effect...

4 years ago
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RE: CMS DEO

I agree KevD I would urge your trustee to try resolve this as quickly as possible. Unlike other arrestment's, the trustee is unable to request a re...

4 years ago
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RE: Questions

Afternoon 1985debt As TDA advised, your debtor contribution order is based on your ability to afford a payment. If you have a reduction in hours...

4 years ago
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RE: Amigo loans

Morning Just to clarify - DHA21 is correct in that Amigo is receiving a preference in terms of being paid opposed to the ones included in your Trus...

4 years ago
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RE: Final Review

Hi Alasdair Each firm will have their own review process. Our firms final review is to check PPI investigations , confirm all assets and contribu...

4 years ago
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RE: Das

Morning JOJO The small amount owed to creditors will be written off. With a DAS, creditors receive between 78% to 90% of the debt repaid back. Th...

4 years ago
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RE: Selling House

Leighboyd1 One of the conditions of entering a trust deed is that your assets are conveyed to the trustee. This temporarily removes your assets fr...

4 years ago
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RE: A trustee wants my house

Morning This is a common issue that can arise with Trust Deeds and Sequestrations. DBHA21 , the minute of agreement is an agreement between the ...

4 years ago
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RE: Good condition bonus- motability

Afternoon BMC I would run this past your Trustee. Technically, it should be paid into the Trust Deed. If the bonus was to purchase or take out a...

4 years ago
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RE: Interest Only Mortgage and Trust Deed/Thank you

Morning CIF Thank you for sharing your story and experience. P

4 years ago
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RE: inhibition order

Morning The inhibition prevents you from selling a property or incurring any further borrowing without the permission of the inhibiting creditor. T...

4 years ago
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