Hi Johnd, Unfortunately you are not currently able to decide what route you would like to take. As the Trust Deed has become protected and has not ...
I agree with the others in that there are variations out there of what figure is being paid, if any, and at what point ect. Each case and each firm ha...
Very unlikely that the trustee woul have an interest in the vehicle at this stage. But as the guys say, never any harm in just running it by your tru...
It's common for the arrangements to be extended in some cases. This may be because some payments have been missed, and additional asset has been disc...
Hello Johnd, I would advise you to quickly run the idea past the Trustee. This could be seen as 2 different issue's by the Trustee if not first di...
It's all circumstantial. If there are sufficient funds to permit a dividend of 100p in the £ then there is some merit in spending that extra time cha...
the secured creditor do not take part in the Trust Deed unless the property has equity and is a realisable asset. They can not prevent you from being...
Hi may2011, To answer your question quickly: 1. The Trust Deed shall end when the equity has been dealt with, all agreed contributions have bee...
Is the idea of the Trust Deed not to be transparent with the Trustee and your creditors and to fairly pay back a small proportion of what you are due ...
This is deemed and unfair preference to the general body of creditors. The Trustee would be best place pursuing this themselves and either refunding t...
It would seem fair to perhaps ingather either the amount agreed for the vehicle prior to disposal, or what was achieved as trade in for the new vehicl...
Hi Bill, To quickly answer your question no, the property will not form an asset of your estate as it is an asset of your wife. The Trust Deed is b...
I don't know about other firms but my firm only realise the equity over and above the de minimus level of £3,000 (previously £1,000). For example vehi...
The de minimus level for dealing with a vehicle is £3,000. Which means only any equity over and above this sum may be realised by the Trustee. I assum...
The Trustee works on a time and line basis. He fees projected at the start are the maximum they may take for the term. In theory it should be less fee...