Hi Happy2.

This forum's for helping people with debt questions, not for airing your general view about insolvency practitioners.

You also agreed not to post links in the forum when you registered so it will be removed later.

Do you have a specific and constructive point to make in this thread?

People can read this and it will help them to decide if going to an IP is worth it! Did not know about not posting links thats an error on my part.

It helps people to know why some IPs may increase payments. I am teling the truth here, that is more than I can say for some! Please see something else I have posted regarding nominal fees! Report if you wish. I am merely telling the truth maybe this site cannot accept that! If you would like to help me, please direct me to a site in which I can tell of my very bad experience of WA. Please note I am not the only person complaining about WA. Complaining to them direct has not helped.

There's nothing in that link that explains why an IP might increase the fees for a trust deed Happy2.

This site doesn't take a view on your opinions, but we do take a view on the way that the forum is used.

If you are unhappy with the way your complaints have been dealt with you do have the option to raise the matter with the professional regulatory body of which your trustee is a member.

I'll take a look at the other thread that you mention now.

Hi Happy2.

I fail to see the relevance of the comment about nominal fees having read it now.

Could you clarify?

Not wasting my time with you, you fail to understand anything, I feel that your harassing me. You are the only one who is answering everything I put in here. The other adviser don't are not harassing me. You have made me leave this forum. I hope you can sleep at night. You are better at dealing with people who have had a nice Trust Deed.

I'm sure plenty Trustee's would have a gripe at a fair number of their clients also! Some of the people we have to deal with! It's a 2 way street. You take the rough with the smooth in all walks of life.

I'm genuinely sorry if you feel that way Happy2.

I've just been back through the threads on which you posted last night and this is what I can see:

http://www.trust-deed.co.uk/forum/topic.asp?TOPIC_ID=3620
I welcomed you to the forum and congratulated you on completing your trust deed.

http://www.trust-deed.co.uk/forum/topic.asp?TOPIC_ID=1651&whichpage=2
I explained that the "nominal fee" is a fair and reasonable charge that a number of firms implement (though not those represented on this site and some others).

3 other threads where you expressed your views and/or experience to which I haven't replied.

http://www.trust-deed.co.uk/forum/topic.asp?TOPIC_ID=1581&whichpage=2
I asked you to justify your comment about PPI. You haven't.
I've tried to clear up your misunderstanding about PPI connected to a mortgage account.
I've disagreed with your general view about insolvency practitioners and their view towards clients. We've met quite a few insolvency practitioners.

This thread.
I've challenged you to demonstrate how the link you have added, or your comments about the nominal fee, justify the other comments that you have made in this thread. You haven't.

If you read around the forum you'll find that I (along with all of the other advisers and many members) spend most of our time here trying to help people that are experiencing problems or worries about their trust deeds.

If you don't wish to post on the forum any more that's your decision. I wish you well for the future whatever you choose to do.

Strange link to post on the topic you seem to want to raise Happy2, I wonder if it is the one you meant?

This relates to large scale commercial insolvency. Professional fees in any capacity can be eye-watering when compared with an hourly pay rate.

I myself was uncomfortable with the level of fee charged for my work until I realised my employer had almost 80% of my earnings to pay in employer costs between training, compliance updates, national insurance etc as well as buildings costs, insurances, stationery and professional fees for legals and accountancy themselves.

That's not saying that in some instances, individuals' greed or lack of fear of scrutiny or corporate culture doesn't inflate fees.

In regard to the work needed for the administration of trust deeds and sequestrations, the ranges posted by firms here seem reasonable.

I think it should be easier for billing to the account to be questioned and I dislike the occasions clients seem to be penalised by higher fees connected to the work arising from questioning fees.

In doing due diligence in choosing an administrator, it should be possible to know what proportion of a firm's cases have seen actual fees charged amount to more than estimated.

Now there is an ironic username if I ever saw one.

Personally I didnt care one jot how much I was charged in fees as long as creditors agreed to it then it made no difference to me.

Paul

I agree plasticdaft it's worth it but the people I referred to seemed to be having fees increased excessively then told there would be further increases if they queried the fee level. Due to the (fee-able)work involved in producing the information for scrutiny.