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 RELEASE OF TRUSTEE
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charlie44
Junior Member



231 Posts

Posted - 13 April 2010 :  15:20:19  Show Profile  Reply with Quote
Could someone please explain what the above exactly means. Both my wife and I have had these letters from the OR stating the above and also stating, that insufficient funds have been realised to enable a dividend to be paid to creditors.

Life`s Tragedy is that we get old too soon
and WISE too late!

Bridgewood
Junior Member

United Kingdom
222 Posts

Posted - 13 April 2010 :  15:26:14  Show Profile  Visit Bridgewood's Homepage  Reply with Quote
Hi Charlie44

As these letters have come from the OR, all it means is that they have finished dealing with your bankruptcy and are now closing their files - the OR will have been appointed your trustee and has to notify all your creditors - and you - when he believes there is nothing left to do in order to get his release so that he can close his file

You don't need to do anything - presumably you already have your discharges

Bridgewood specialise in helping people deal with their debts and make the most of their financial situation - providing free, no obligation debt advice.

We can also setup a complete range of solutions including debt management plans, IVA and bankruptcy support.
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charlie44
Junior Member



231 Posts

Posted - 13 April 2010 :  15:30:00  Show Profile  Reply with Quote
Thanks for the quick reply. Neither of us are discharged yet, although my wife has been put forward for ED whilst I have not.

Life`s Tragedy is that we get old too soon
and WISE too late!
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Richard P
Senior Member



United Kingdom
1701 Posts

Posted - 13 April 2010 :  15:40:50  Show Profile  Reply with Quote
Hi Charlie

standard forms

has the OR chased you for an IPA yet if not how long do you have to go before discharge ?

good luck on keeping low profile !

regards Richard
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charlie44
Junior Member



231 Posts

Posted - 13 April 2010 :  16:00:37  Show Profile  Reply with Quote
Hi Richard, no the OR has not mentioned an IPA yet! I have 7 months until AD.

Life`s Tragedy is that we get old too soon
and WISE too late!
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