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: Redundancy/Universal Credit

Vicky That is correct, no funds can be taken from benefit payments. Please ensure you have spoken to your Trustee to ensure no payments are deducte...

5 years ago
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RE: When do I stop paying creditors?

Please see response to the post in the other thread

5 years ago
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RE: Available credit

Gbmraith Creditors have the right to object to the trust deed from achieving protected status. Your friend withdrawing available funds from her cr...

5 years ago
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RE: Trust deed and divorce settlememt

Hi Hendo I will call Monday. The settlement figure would be a claim in the trust deed estate and your ex would rank as a creditor. Your ex would...

5 years ago
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RE: Trust deed and divorce settlememt

Divorce settlements are quite costly when there is a breakdown between both parties. One of the advantages of a statutory solution is that the asse...

5 years ago
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RE: Trust deed and divorce settlememt

Evening This is quite a common question If you entered into a trust deed then your total debt including the divorce decree would be included in ...

5 years ago
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RE: Advice please

Morning Stacey Any agreement with property is usually nullified where the individual is unable to fulfil the conditions of the deed or the property...

5 years ago
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RE: Inheritance

Truescot I would recommend speaking to your Trustee as soon as possible. If the inheritance is the same as the debt owed, you would still be req...

5 years ago
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RE: trust deed and redundancy

Morning Your Trustee will not have an interest in Statutory Redundancy Payments. It is likely your Trustee will re-evaluate your contribution. I...

5 years ago
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RE: Default marks throughout trust deed

Morning Wilbur1979 The Forum has a detailed blog about credit reports and default notices. It can be accessed at Hopefully this helps. Paul

5 years ago
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RE: Outstanding Payments/New Trust Deed Company

Staycurious TDA is correct. No contribution can be paid from benefits. The Trustee will consider your case and will balance the interest of cred...

5 years ago
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RE: Charge for payment

Apologies for the delay in responding. Once the charge of payment has expired, it allows creditors the opportunity to consider action for recovery....

5 years ago
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RE: Urgent advice needed please

Afternoon Star99 Any unsecured debt can be included in a trust deed. A trust deed is one solution to deal with debt but there are others as well. ...

5 years ago
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RE: Mortgage in TD

Moring Harls The Trust Deed will affect your ability to obtain a mortgage as it is credit scored. Once you are discharged from the process, you sc...

5 years ago
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