Paul McDougall
Paul McDougall
@paul-mcdougall
Moderator
Member
Joined: Jul 16, 2019
Last seen: Jul 31, 2023
Topics: 1 / Replies: 163
Reply
RE: All Done and Dusted - Discharged in January 2020

Yes, once the Trustee has been discharged, it brings the deed to an end for both you and the trustee. Yes TDA, I agree - the only time I have hear...

5 years ago
Reply
RE: Additional months for car

Morning CDC123 Your Trustee will be open to negotiation re the car payments however as TDA advises, an increased payment will reduce the length of ...

5 years ago
Reply
RE: Death and Trust Deeds

Morning Zoom Sorry to hear about the loss of your friend. The Trustee will want to act sympathetically in this matter. This is a complex matter...

5 years ago
Reply
RE: Should we get a trust deed?

Kaccachick I can completely understand your hesitation. A Protected Trust Deed is just one option to deal with debt and is classed as a statutory d...

5 years ago
Reply
RE: Overpaying

I agree that is slightly concerning. From a trustee point of view, they are required to hold funds in a special interest bearing trust account and ...

5 years ago
Reply
RE: Moving house

Toni sorry to hear about the issue with your neighbours. From a personal point of view, I can empathise and know how stressful this can be. it w...

5 years ago
Reply
RE: Furlough - income change

Good morning Question Mark. In the last 5 weeks, our firm have undertaken an extensive review of cases prompted by queries from clients regarding f...

5 years ago
Reply
RE: Coronavirus....?

Morning We are faced with a unimaginable situation that will test the limits of day to day life. There will be a degree of flexibility in issues wi...

5 years ago
Reply
RE: Coronavirus....?

Morning I agree with David, the trustee will have degree of flexibility in instances where people are unable to support payment although trustee's...

5 years ago
Reply
RE: Trust deed monthly payment

Nej There are a number of options to deal with your debt such as a debt payment programme under the Debt Arrangement Scheme , Protected Trust Deed ...

5 years ago
Reply
RE: Car financing

Liamtd In my experience the trustee will not have an issue with this as your finance will be cheaper than what you are currently paying however, th...

5 years ago
Reply
RE: Critical Illness and trust deeds

Afternoon Just to reiterate what David has said - it is always good to reach out and speak with your trustee or their staff. In cases like this,...

5 years ago
Reply
RE: General questions

think we all posted at the same time

5 years ago
Reply
RE: General questions

Louise Hope you well and hopefully this should answer the questions raised: In terms of the trust deed, you are correct as creditors have the ri...

5 years ago
Reply
RE: Shortfall debt

Davie The shortfall should be written off as part of the trust deed. The debt existed at the date of you entering into the deed. I would speak ...

5 years ago
Page 8 / 11