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end of Protected Trust Deed

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(@neelia)
Eminent Member
Joined: 14 years ago
Posts: 43
Topic starter  

Hello Mark

I made the first payment to McKenzie Stewart in cash when they came to get me to sign the paperwork. The second one was by pay in slip to AG Taggart. They confirmed they had missed the pay in slip and have applied it now so have completed my repayments and cancelled the standing order. I received a letter confirming that I had completed in the post at the weekend.

As imcville says the cashier at AG Taggart confirmed that the first payment is McKenzie Stewart's admin fee. I also payed Debt Release Direct and admin fee before they referred me to McKenzie Stewart for the Trust Deed so all in all I have paid nearly ยฃ1,000 in admin fees before paying off the deed. Hard lesson learned but I am looking forward to my first salary payment next month, the first in years where I haven't had to pay the equivalent of a mortgage repayment to clear off my debts and only 3 more years to go to get a good credit rating - bonus.

Aileen


   
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Kevin Mapstone
(@kevin-mapstone)
Member Admin
Joined: 16 years ago
Posts: 4253
 

Congratulations on completing your trust deed, neelia, glad you got everything sorted out.
Now enjoy the beginning of the rest of your life!

Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.


   
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(@neelia)
Eminent Member
Joined: 14 years ago
Posts: 43
Topic starter  

Thanks Kevin. I am so happy ๐Ÿ™‚


   
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