Notifications
Clear all
Topic starter
04/10/2012 7:02 pm
I don't see why I should be paying more interest on the monies that I owe, cause kpmg have my cheque they've had it since July) all monies owed had been agreed, they fore y can't they pay it out , I'm not disputing the money I owe nor are my debtors, I'm disputing their fee , so I cannot understand why they don't payout wat I owe , it's just a way of getting u to agree to their over inflated fees.
05/10/2012 8:16 am
I really don't think there can be any valid excuse for the delay. The most significant part is the accruing interest which will reduce any return you receive.
We did a final dividend payment on a case on Tuesday. Calculations took less than 5 minutes. The dividend sheet was emailed to our cashier who arranged BAC payment to 80% of creditors and we received cheques for the remainder. In total, an hours work at most.
I can absolutely appreciate your concern, creditors will be paid in full plus interest, the Trustee will receive his fees and it is only you who will come out worst.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
05/10/2012 10:18 am
I do hope they sort it out. They do seem to have much higher fees than anyone quoted on here
Topic starter
06/10/2012 10:24 pm
I have 5 debtors 4 of them are cc , kpmg have'nt advised any probs, so it's pretty straight forward, how many hours would u average the work would take they are charging me 34.5 hours @ a rate of £149.00 per hour plus outlays
