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harbourmaster
Junior Member
346 Posts |
 Posted - 20 November 2008 : 22:40:07
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| OK now had a trustee appointed. Can anyone tell me what I can expect to happen now? |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 26 November 2008 : 12:46:55
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Hi HM
I just found this one and im sorry that it was not replied too sooner.
The trustee will oversee the sale etc of your assets and make sure that any monies etc are distributed evenly between your creditors.
They are technically now in charge of that side of things.
Thats how i have become to understand the Trustee and their role.
Hope that helps.
Jo
x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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barrel
Starting Member
7 Posts |
Posted - 26 November 2008 : 13:13:52
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| Technically you are right, but in practise they just want to get as much money in fees as possible. Is about time this government try and regulate how much fees they should get.Don't worry harbourmaster, once you are gone then the fees only comes out of what they can get from your assets, which is theirs,once they are appointed. |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 26 November 2008 : 13:23:26
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Hi thanks Barrel,
I was not 100% sure on that one. :-)
Jo
x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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Trustee Appointed... What now?
