Trust Deed Forum - Debt collector at door
Trust-Deed.co.uk
Home Home Page









Trust Deed Forum
Trust Deed Forum
Home | Profile | Register | Active Topics | Members | Search | FAQ
Username:
Password:
Save Password
Forgot your Password?

 All Forums
 Trust Deeds
 Scottish Trust Deed Forum
 Debt collector at door
 New Topic  Reply to Topic
Author Previous Topic Topic Next Topic  

1985debt
Regular Contributor

23 Posts

Posted - 09 January 2020 :  18:06:42  Show Profile  Reply with Quote
I am due to proceed with Sequestration on Monday after creditors failed to accept my trust deed . Tonight I had a debt collector from Nationwide at the door which was very embarrassing as I am sure my neighbours would have been able to hear what was said . Iíve never heard of anyone having this problem before I only stopped making payments in October and replied to their emails advising that I was working towards getting a trust deed or alternative . Just wondering if this is a common occurrence or not as I donít want every other company I owe money to turning up between now and when they get notified of bankruptcy .

TDA (Debt Adviser)
Trust Deed Expert



13254 Posts

Posted - 09 January 2020 :  18:28:56  Show Profile  Reply with Quote
Hi 1985debt.

I can see why this has caused you some concern.

Creditors mostly use visiting agents (as opposed to Sheriff Officers following legal action) to check that someone still lives at a certain address and to try to agree a maneageble payment arrangement.

From a creditor perspective, this might be seen as a much more gentle and sympathetic approach than going straight to using legal action. Such agents have no special powers and you're not obligated to speak with them.

I think they're most generally used when direct contact by phone/email has broken down (though this seems odd here if Nationwide has recently received trust deed proposals from you).

We don't hear about this very much on the forum. If your bankruptcy application is getting submitted next week it seems pretty unlikely that you'll get further visitors. I think you've been a little unlucky to be honest.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds    
Go to Top of Page

1985debt
Regular Contributor

23 Posts

Posted - 09 January 2020 :  18:32:30  Show Profile  Reply with Quote
I hope so as I opened the door expecting it to be someone about a new electricity meter or something like that . The collector also seemed surprised that my trust deed failed I explained this was because a lot of the debt was credit union and a peer to peer lender . Just found it surprising as I know people who havenít paid debts or sought any kind of help to pay them or create a solution and they have never had this happen . I will be glad when I get paid and can get bankruptcy sorted as I am living on my nerves now .
Go to Top of Page

TDA (Debt Adviser)
Trust Deed Expert



13254 Posts

Posted - 09 January 2020 :  18:43:49  Show Profile  Reply with Quote
It's really not common when there's ongoing contact between a creditor and their borrower (or a borrower's representatives).

Your trust deed proposal may well have been sent to a representative of Nationwide, rather than directly to them. This could account for the visitor tonight not knowing about it.

I think you'd be incredibly unlucky for it to happen again with another creditor. It's just not something that gets reported here much.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds    
Go to Top of Page

David Tannock
Trust Deed Expert



2323 Posts

Posted - 10 January 2020 :  10:21:49  Show Profile  Reply with Quote
Hi 1985debt,

Sorry to hear that this has happened to you. I can completely understand how embarrassing this will have been for you.

In my experience itís rare that lenders actually send out a door step collector nowadays and I canít actually recall the last time this happened to anyone that Iíve dealt with. I asked around my colleagues this morning and they were the same.

Nationwide will have been notified about your Trust Deed proposal but they have an organisation that represents them at the initial proposal stage in a Trust Deed. It could be the case that there hasnít been information passed between both companies.

Should someone turn up again which I think is unlikely just advise them about what you are in the process of doing. No one can come into your property so donít worry about that. The programs like you see on TV in relation to bailiffs etc. doesnít happen in Scotland.

As soon as your Sequestration is official paperwork will be quickly sent out to all the lenders to notify them.

Recommended Partner & Trust Deed Expert - Ask me for help setting up a Scottish Trust Deed    
Go to Top of Page
  Previous Topic Topic Next Topic  
 New Topic  Reply to Topic
Jump To:
Trust Deed Forum © 2008 - 2020 www.trust-deed.co.uk Go To Top Of Page
Snitz Forums 2000

(c) Channel Active Limited. Company Number: 06412452. Data Protection Registration: Z1332750.
Telephone calls may be monitored or recorded. Authorised and regulated by the Financial Conduct Authority.
Trust-Deed.co.uk, Clyde Offices, 2nd Floor, 48 West George Street, Glasgow, G2 1BP. Tel: 0141 2490416.