Publication Date: Friday, 24 September 2010
Notice Code: 2518
Trust Deeds
Protected Trust Deeds (Scotland) Regulations 2008, regulation 7
Notice of Trust Deed for the Benefit of Creditors by
Nicole Whyte
A Trust Deed has been granted by Nicole Whyte, 15 Drum Close, Glenrothes, Fife KY7 4SE, on 15 September 2010, conveying (to
the extent specified in section 5(4A) of the Bankruptcy (Scotland) Act 1985) her estate to me, Richard Gardiner, Thomson Cooper,
3 Castle Court, Carnegie Campus, Dunfermline, Fife KY11 8PB, as Trustee for the benefit of her Creditors generally.
If a Creditor wishes to object to the Trust Deed for the purposes of preventing it becoming a Protected Trust Deed (see notes
below on the objections required for that purpose) notification of such objection must be delivered in writing to the Trustee
within 5 weeks of the date of publication of this notice in The Edinburgh Gazette.
Notes: The Trust Deed may become a Protected Trust Deed unless, within the period of 5 weeks of the date of publication of
this notice in The Edinburgh Gazette, a majority in number or not less than one third in value of the Creditors notify the Trustee in writing that they object
to the Trust Deed and do not wish to accede to it.
Briefly, this has the effect of restricting the rights of non-acceding Creditors to do diligence (ie to enforce court decrees
for unpaid debts) against the Debtor and confers certain protection upon the Trust Deed from being superseded by the sequestration
of the Debtor’s estate.
Richard Gardiner, Trustee
16 September 2010.
(360)
