End of trust deed.
 
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End of trust deed.

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(@amerififer)
Estimable Member
Joined: 15 years ago
Posts: 120
Topic starter  

I'm wondering what happens at the end. I've still got over a year to go but am curious about the £500 I payed up front due to my property having no equity. Does that get kept?


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

Hi Amerififer.

The £500 usually goes "into the pot" to help pay for the fees and the dividend for the creditors.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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(@amerififer)
Estimable Member
Joined: 15 years ago
Posts: 120
Topic starter  

Ta TDA 🙂 I was just wondering about it .


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

You're very welcome Amerififer.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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