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PTD Extention for Admin Fees

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(@john8ball)
New Member
Joined: 12 years ago
Posts: 2
Topic starter  

Hi Guys, I am due to finish my protected trust deed tomorrow after 36 payments of ยฃ221 per month which I have never missed, my salary hasn't moved in that time either. My trustee wrote me a letter yesterday 2 days before final payment to advise an extention of 3 months due to remumaration, this is for additional amdin fees which they have added and I don't know why!! Surly is wrong? I want to appeal but what do I say? Thanks John


   
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Mark McFadyen
(@mark-mcfadyen)
Famed Member
Joined: 17 years ago
Posts: 4798
 

Ho John8Ball

Quite simply they can't. You agreed at the start for 36 payments and you have completed your end. The Trustee cannot seek additional payments to cover fees.

Ask him under what authority this is being sought.

Mark

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


   
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(@john8ball)
New Member
Joined: 12 years ago
Posts: 2
Topic starter  

Thanks Mark I thought as much, I have asked the question and will let you know what the reply is, Thanks ๐Ÿ™‚


   
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Mark McFadyen
(@mark-mcfadyen)
Famed Member
Joined: 17 years ago
Posts: 4798
 

No problem.

It will be interesting to see the response.

Mark

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


   
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(@tinsoldier)
Honorable Member
Joined: 15 years ago
Posts: 634
 

This is just wrong.


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 17 years ago
Posts: 13594
 

It does seem odd tinsoldier.

I'm looking forward to hearing back from John8Ball in due course.

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


   
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