ashirley, Your Trustee has 2 options should you no longer wish to proceed. They can simply resign as Trustee, reverting you to the position you we...
Colski, Sorry to hear about the bank account. Quite a common occurance in these circumstances. My clients have been experiencing the very same fo...
Gillian, Sorry to hear that you have received some correspondence that has distressed you somewhat. I have dealt with Max Recovery for years and...
Hi ashirley, It may only cause you a problem if you have angered this particular creditor and they have a sufficient size debt to be able to stop t...
Stephanie, The Insolvency Practitioners and creditors are very transparent these days about the acceptable criteria of Trust Deed proposals. It is...
Hi Kerry, I would also advise you to revert carefully to the initial Trust Deed proposal, the figures and any engagement letter you will have recei...
Hi Davros, I understand your position here. Simply the options available to you are as follows: 1. Yes you may approach your DAS Administrator...
In a nutshell the answer is no. They are going to look at the dividend return, not how many payments were missed. It would generally only be the Tru...
Hellsbells80, Having reviewed the additional information provided, I can see that there is certainly at least a few options available to you that M...
Hi Timelord, I would alsways recommened any proposal is put in writing to the Trustee. Unfortunately you will not be aloud a discount on the contr...
Hi hellsbells80, Welcome to the forum. As you will see I am a new member too, only joinging last week. You have come to the right place for advic...
Hi Eoinbaby, A Trust Deed genrally consists of 36 monthly payments from income. However, the duration may be extended or shortened depending on th...
Sorry, to add there is no way they will be able to take funds to offset it against an exhisting debt. Creditors are not able to gain preference from u...
Debtnomore. Finding a new bank account can be difficult. Especially when you have recently entered in to a Trust Deed. However, many banks are be...
Colski - I wish you every success in your new venture in to the Trust Deed. The majority of cases are getting protected as the awareness of the crite...