Trustee/RTLU

inamess_2 · 8 December 2007 at 9:17PM

As in my previous thread I went BR in May 07 and got ED in November 07. At the same time as getting discharge letter from OR I also had a letter from RTLU to say they would be dealing with my case now.....it said in the letter 'is is very unlikely you will hear from us' do they put that statement in all letters ? I did have assets as before going BR me and my OH sold our house cos we seperated short term we split the moneis from sale of the house and my half is in an account I delcared on BR forms, however 3 months before sale of house my partner lost his job so I had to pay all bills and mortgage I had to draw on my visa to mortgage will trustee frown upon this ? What does the trustee look into and was does the OR look into, nothing to hide but my cash advances sometimes paid for the smallest of things to get buy bills, shopping etc no luxury holidays. Sorry to waffle

fermi · 9 December 2007 at 10:26PM

If you've been passed on to RTLU that means that the OR has effectively finished all the bits that need investigating, so it's pretty likely that all the issues you mention wont be a problem.

RTLU take care of routine asset management and realisation, and if they are sending letters saying you probably wont hear from them again then that sounds good.

Obviously you can never guarantee that something wont pop up, but the signs seem good.

inamess_2 · 11 December 2007 at 9:35PM

thanks fermi i suppose its just that unknown and im waiting the dreading letter from them :mad:

fermi · 11 December 2007 at 10:00PM

inamess wrote: »

thanks fermi i suppose its just that unknown and im waiting the dreading letter from them :mad:

Indeed it is. I used to dread letters from creditors, and to a certain extent that got a little transferred across into dreading contact from the OR in case it was bad news (although I knew there was no real reason for there to be any

).

As I said, while nothing is ever guaranteed, it looks like you are getting there at last.

Cagey60 · 10 February 2008 at 6:41PM

inamess wrote: »

As in my previous thread I went BR in May 07 and got ED in November 07. At the same time as getting discharge letter from OR I also had a letter from RTLU to say they would be dealing with my case now.....it said in the letter 'is is very unlikely you will hear from us' do they put that statement in all letters ? I did have assets as before going BR me and my OH sold our house cos we seperated short term we split the moneis from sale of the house and my half is in an account I delcared on BR forms, however 3 months before sale of house my partner lost his job so I had to pay all bills and mortgage I had to draw on my visa to mortgage will trustee frown upon this ? What does the trustee look into and was does the OR look into, nothing to hide but my cash advances sometimes paid for the smallest of things to get buy bills, shopping etc no luxury holidays. Sorry to waffle

This is my story, a slightly unusual case that has had me stressed for 8 months now.

The first part of this tale begins with my Fathers death in 2006 - due to a series of unfortunate events (some of it my own silly fault), I was unable to get probate until March 2007.

My husband, and his business were made bankrupt in January 2006 - without my knowledge at the time, but eventually my husband and I discussed it, and we knew we'd get through it all.

We had a visit from a bailiff connected with the council tax in March 2007, who announced that although my husband had been made bankrupt, I was still liable to pay the overdue council tax, but we thought very little of it at the time, because I have no income of my own. But we also knew that I'd be granted probate shortly, which would supply us with money from both my Fathers life insurance, and the sale of his house.

In April 2007 I put a cheque in my account, and left to Cornwall to put my fathers house on the market. On my return at the end of that week, with a cleared cheque, I opened a letter to find that 2 days prior I had been taken to court and declared bankrupt. I was devastated, I had over £13,000 in my bank account, that was no longer legally mine and debts that I was intending to pay the following Monday that totalled £4000.

I had my first meeting with the OR on May 2nd 2007, who was very sympathetic and understood that this was a case of horrendous timing, but because I was clearly solvent he felt that this was a case that could be completed within 4 months.

All my money was removed from my account on June 13th, and at the beginning of August 2007 I received a letter to tell me that my case had been transferred to the RTLU and I felt that this was a good sign that my case should be dealt with quickly, and I would soon see any remaining money returned to me. I spoke to an apparent manager at the RTLU Croydon, she was a woman, who seemed particularly abrupt, and very unhelpful.:mad:

I then received a letter saying that because the council tax had over 50% of the debt owed they were appointing their own IP. I didn't understand what this meant for me case, and after a few nervous conversations with this woman at the RTLU found that she no longer had any control over anything, and could tell me nothing. All she could advise was that I went to the Citizen's Advice and get them to find out what was happening, which I duly did.

The result of which was that the council appointed IP had already stated a week before he wanted nothing to do with it, as the funds were clearly there to pay all debts in full. The lady at CAB however did complain to my OR's managers about her rude and unhelpful manner.

I received a phone call from the this lady at the RTLU that afternoon saying that she'd (supposedly) spent that afternoon talking the IP's out of taking over the case, because they had been upset by the CAB person. (why they would be I have no idea, she was polite, and OR didn't seem to realise I had been sitting in the room with her the whole time, and had heard all the conversations she'd had, including the one where she made a complaint against her!!) I believe that she'd had a severe dressing down from her superiors and had decided to talk herself up to me!

She then told me it would take a further 10 weeks to complete my case. About a week after this I received a form to see if I was able to get an early discharge, which I filled in and returned within the time frame.

I spoke to my OR 9 weeks into my "10 week" time period (last week), only to be told that because the credit card company had finally filed a proof of debt (on November 16th - the day after I received a threatening letter claiming I owed them money still), that he had to wait a further 4 weeks, to make sure nothing more came in.

I received a letter on 12th December telling me that I had been granted an early discharge on the 5th of December, which made my heart fill with joy, as I thought that this was finally the end of the road, and all money could now be paid out without problems, and I would receive the remainder back.

Having spoken with the OR today, and he claims that this isn't the case, he still has to wait 2 more weeks until the 6 month advertising period is up, to make sure that no more creditors come in, and then it'll take a further 2 months to pay them out, and make sure all fee's are paid before I will see any return at the beginning of March.

Unsurprisingly I am disappointed by this, as I cannot believe it takes 2 months to 2 companies £4000 between them from £13,000 which was taken from my account.

All in all to date this has been a very frustrating time for me, deadlines ever changing, and an OR who I believe likes to "bend the truth" with me.

I'm still unsure why it's taken so long, and why there have been so many hoops to jump through when all they had to do was pay company a and b from the £13,000 in my bank account. Hopefully I'll see a resolution in the near future.

Trustee/RTLU

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