Hi

I just wanted to say thank you to everyone who has given advice and guidance over the last 4 years while I’ve been in TD. I can’t quite believe that I’m saying this but TD now completed and I have received Form 5 in post today!

For anyone considering a TD I’d say:-
I entered the TD because of a change in personal circumstances and it wasn’t something (morally) I ever felt really comfortable with but by doing things this way it has allowed me to be financially stable again and stop the anxiety of worrying about how I was going to pay bills and live week to week with my daughters. Once the first few months were underway I got more used to it and I used the income and expenditure guidelines as a tool for budgeting - I saved using a Christmas Club with the credit union which my trustee knew about and supported. Any changes at all to my income - I.e my annual increment I made sure I declared and on occasions my payment was altered accordingly. I found that the outgoings calculation was more than fair and I managed to clothe, feed, car maintenance etc every month. The 4 years passed fairly quickly and with no real incident (fingers crossed this will continue)

I am now starting to get statements in from some of the lenders I previously had - detailing balances on accounts - I assumed this would now say £0 but this doesn’t
appear to be the case so il need to find out what the process for this should be to have this concluded and closed off?

I would also like to look into re-mortgaging my house with my existing lender at some point in the future - perhaps a years time.

Anyway thank you again to everyone who has given advice - it was much appreciated. I’m sure il continue to lurk - just in case I can be of help to anyone else!