Hi stretch

it's a fairly common question to be honest.

I don't think there's an issue if you looked at all the options and decided to follow what you thought was best. The Trust Deed is 1 solution out of 3 possible others and there is no problem with you taking advice, looking at all the option and following a plan to resolve matters.

Mark

PS From memory that was the 8am meeting

Hi mark.... Your memory must be good ... Yes it was an early meeting ! I think you where heading through to Glasgow .

I take it when you mention 3 options , they are ... Trust deed / debt managment plan/sequestration ?

Can you tell me roughly how long it takes to gather information and get to the point of agreeing a solution ? Is it weeks or months in general ?
Thanks again .... Stretch .

Hi Stretch

I was picking someone up from Edinburgh airport, from memory, so it fitted in perfectly.

The options are DMP, DAS, Trust Deed and Sequestration.

The solution depends on your circumstances I suppose, however with combined debts of approx ?ú41k, I think you need to look at a formal option which at least has a definite time period. I'm not sure how long the Debt Arrangement Scheme takes, but Trust Deeds can be days as opposed to weeks or months.

Mark

Hi Stretch,

We've heard from people, who have contacted us via the site, that there can be some delays getting a meeting with a DAS approved money advsior. I understand that they are pretty busy at the moment.

I guess the most important thing however is to establish which is the best solution to fit the situation. It would be better in the long-run to take your time arranging the right solution rather than rushing into the wrong one.

Working through the situation with a source of advice that you have reason to trust would probably be the best thing to do at this stage.

Hi TD Advisor , at the end of last year I did attempt to contact an advisor for some advice . After handing in my paperwork and waiting for almost 3months I gave up and asked for my stuff back !! They said they were so busy and only had a couple of specialists .
So I will be in touch with Mark again after a short while getting things organised !
Thanks for your reply !
Stretch .

Hi Stretch,

From what we hear from other visitors to the site you'll be in safe hands with Mark.

Fortunately we're also able to say the same about Kevin and Julie.

Hi Stretch
I aggree with TDA, i used Mark for my TD and is very profesional at his job, he is and his Staff (Maria is first class)are only a phone call away for any help after your TD is up and running.
Best of luck.