Trust Deed Forum - Trustee Discharge vs Debtor Discharge
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 Trustee Discharge vs Debtor Discharge
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Just Joined

2 Posts

Posted - 02 July 2021 :  03:25:55  Show Profile  Reply with Quote
Hi there
First of all, thank you very much for providing such useful information in this forum.
I've got a question to ask. I entered into PTD in 2016; the debtor discharge and trustee discharge dates have been May 2020 and June 2021 respectively. I thought my name will come off the the register 3 months after debtor discharge but it's still there. What am I missing? Will my name stay in the register permanently?

Thanks in advance for the help.

TDA (Debt Adviser)
Trust Deed Expert

13775 Posts

Posted - 02 July 2021 :  09:36:16  Show Profile  Reply with Quote
Welcome to the trust deed forum sage17.

It's an IVA (similar to a trust deed in the rest of the UK) where your details get removed from the register three months after completion.

With a protected trust deed I'm afraid it's going to be one year after your trustee has been discharged.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds    
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Paul McDougall
Trust Deed Expert

121 Posts

Posted - 06 July 2021 :  08:46:00  Show Profile  Reply with Quote
Morning Sage

TDA is correct - it falls off the register 1 year after trustee is discharged.

Recommended Partner & Trust Deed Expert - Ask me for help setting up a Scottish Trust Deed    
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Just Joined

2 Posts

Posted - 06 July 2021 :  10:23:17  Show Profile  Reply with Quote
Thank you very much @TDA and @Paul, stay blessed!

M Jawed
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