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Mark McFadyen
(@mark-mcfadyen)
Famed Member
Joined: 16 years ago
Posts: 4798
 

Hi Snooze

As mentioned above, it's not a case of wasting anyone's time as getting it right is the most important part.

From the information, ensure that the position with equity is calculated and agreed before you do anything. Also the level of contribution, position re overtime, bonuses etc. Once all these matters are discussed and confirmed in writing, then this should limit any future issues.

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


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

No trouble at all, Snooze, even if it is just to put your mind at rest it is worth the time.

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


   
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 gmac
(@gmac)
Active Member
Joined: 11 years ago
Posts: 14
 

Hi I'm new to this forum but have been in a PTD for a year now. I'm trying to stay positive about it and keep counting down. I've been reading horror stories about when getting discharged from the TD should I expect this too? Does it make any difference that the company we are dealing with is in England. Any comments/advice would be appreciated.
Thanks

Gillian McIlroy


   
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Mark McFadyen
(@mark-mcfadyen)
Famed Member
Joined: 16 years ago
Posts: 4798
 

Hi gmac

I don't think the company being based in England will make any real difference. The main issues from the forum postings appears to be the agreement at the start or non agreement I should say.

If matters are dealt with correctly at the start and there is an agreement on equity, contribution, length of Trust Deed, overtime etc, then this limits any potential issue at the end.

Hopefully matters were all agreed at the start and things will be processed smoothly.

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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