A Complaint we pursued…

Recently we pursued a complaint against a Trustee in Bankruptcy who had demanded a payment of £10,000 from a discharged bankrupt person, in exchange for her interest in his home, which was subject to considerable negative equity. She has demanded those funds from him, as a contribution towards her fees.

In addition, she has stated that she does not believe a bankrupt person should benefit from any increase in property values after discharge from bankruptcy and nor does she agree with the three year ‘use it or lose it’ clause in the Enterprise Act, in respect to a Trustee’s interest in the family home.

The outcome of the complaint was, sadly, very much as we anticipated, ie in the opinion of the Trustee’s authorising body, she had done nothing wrong.

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