quote:

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Originally posted by Trust Deed Assistant
[br]Hi Jay1874.

To be double sure, how much did your debts total up to just before you signed your trust deed please?

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Circa £5900

OK, thank you.

The payments are likely to continue until you've paid (altogether from all sources) the total of:

1 - The debts (£5900)
2 - The trustee fees
3 - Interest on the debts

Your future payments are therefore likely to increase the pence in the pound that your creditors receive, up to and including 100p in the pound (plus some interest if there's enough cash available).

quote:

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Originally posted by Trust Deed Assistant
[br]OK, thank you.

The payments are likely to continue until you've paid (altogether from all sources) the total of:

1 - The debts (£5900)
2 - The trustee fees
3 - Interest on the debts

Your future payments are therefore likely to increase the pence in the pound that your creditors receive, up to and including 100p in the pound (plus some interest if there's enough cash available).

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Thanks TDA.

Looks like my creditors will recieve 100p in the pound, which is fantastic. I always wanted to pay as much back to them as i possibly could. I think a DAS would have been a better route but it is what it is.