📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Trust deed

Hi looking to see if anyone can answer this so I just discovered that my bank have taken over my accounts because I entered a trust deed I have just set up my new bank account but it was to late for my employer to change bank details for payment and they are still with the original bank and are due to be paid in on Monday dose anyone know if this payment will go to my bank account that they have taken hold off and will the bank keep the money. Everywhere is closed so can't get a answer.

Comments

  • beanielou
    beanielou Posts: 95,955 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Natasham wrote: »
    Hi looking to see if anyone can answer this so I just discovered that my bank have taken over my accounts because I entered a trust deed I have just set up my new bank account but it was to late for my employer to change bank details for payment and they are still with the original bank and are due to be paid in on Monday dose anyone know if this payment will go to my bank account that they have taken hold off and will the bank keep the money. Everywhere is closed so can't get a answer.

    Not 100% sure but if you owe that bank then I think they can.
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.6K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.8K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.