Hi mummyof4,

In terms of getting things in writing, you want to receive confirmation of what the situation is with your house i.e. no equity so there will not be any risk to this and the Trustee will not have an interest in this. You want the valuation amount confirmed in writing along with the redemption figure. That way later on down the line if there are any problems you have everything confirmed and documented in writing.

It's also the same with the vehicles, you want confirmation of the value of these how these will be treated.

You also want confirmation of how much your payments will be per month and for how long for i.e. 3, 4 or 5 years.

You also need to know about your creditors and if any of them have a likelihood of objecting to your Trust Deed and if they do, what problems this could cause etc.

I really do believe that when dealing with such an important part of someone's life in terms of their budget, assets and debts I think that face to face meeting does help. I understand that it's not something that's always possible but in most circumstances I think it cuts down on any misunderstanding or problems in the future. I do know that finding the time for this meeting can be hard especially with children. I've got a 5 year old and one on the way and think to myself where will we both find the time especially as my job involves a lot of evening and weekend home visits for clients.

You should be confident about proceeding with a Trust Deed and about the firm you use. By getting everything in writing and discussing it you should have a clear understanding and way forward.

Hi David, it was all over the phone, I so wish I had found this forum before signing up

I am almost half way through a 3 year TD with KPMG and I have had no problems.
It was all set up over the phone (was referred via 3rd party company) they were very helpful at the start when opening new bank account etc, I always got to speak to someone or my emails answered.
I have heard not so good things since finding this site but personally I don't have any issues with them.
I'm not sure if it's because my situation is pretty straight forward, only my income which is salary, I rent my home and I don't have a car, my 1st review came I sent what they asked and received a letter saying they were satisfied and no change to payments.
They've also already started the ball rolling regards PPI claims and there has been one refund so far.
I do think in hindsight it would have been better to speak to someone face to face but at the time I was just happy that I was being offered a solution to my debt that I accepted.

I'm with KPMG and have had no issues as my situation is relatively straightforward with no assets. However, their fees are astronomical and my TD is over 42 months rather than 36 in order to pay their fees and get a return for creditors that they would accept. From what I owe, I'd have easily got a 36 month TD somewhere else. Like many hundreds of posts I've seen on here, I wish I'd found this forum earlier!

I spoke to them again today and everything seems fine so far she said she was 99.9% sure everything would be fine getting it protected! fingers crossed cause the thought of bankruptcy makes me feel sick.
Can anyone tell me what paperwork they require.
They are phoning to speak to my husband tonight.
I'm glad to hear someone has got good reviews for kpmg I was starting to worry.

I am with KPMG I have had no problems they have been quite reasonable, not the quickest at responding but I have nothing to compare them to as this is my firt trust deed.......... and my last!