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TRUST DEED service charge

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(@marshaller)
New Member
Joined: 13 years ago
Posts: 3
Topic starter  

My Trust Deed is due to finish however I have £129.56 left to service
charge to pay inform by Campbell Wallace Fraser.

If I dont , they will be released back to creditors who will look to you paying all outstanding debts which may included accumulative interest.

Why I still need to pay service charge ?


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

Hi marshaller.

I'm afraid I don't know what's being referred to by a 'service charge'.

I'd suggest checking with your trustee.

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


   
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(@marshaller)
New Member
Joined: 13 years ago
Posts: 3
Topic starter  

They just tell me service charge . I already paid £400 to processed my Trust Deed
application four year ago. My Trust Deed was finish April 2017 . If I don't paid will they have authority to take action ? Where can complain about this case ?


   
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(@sharon-toal)
Estimable Member
Joined: 7 years ago
Posts: 143
 

Marshaller

You can ask for an audit of fees to the Accountant in Bankruptcy at any time although in the first instance perhaps it may be worthwhile speaking with your trustee for further explanation on this fee.

It may have been outlined in the original proposal.

Sharon is no longer posting in the forum.


   
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Kevin Mapstone
(@kevin-mapstone)
Member Admin
Joined: 17 years ago
Posts: 4253
 

That's a new one on me, marshaller - never heard of any firms looking for a "service charge" and threatening to withhold discharge if not paid. Maybe you have misunderstood? I think you should ask your Trustee to explain in writing what the payment is for. Let us know what they say?

Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.


   
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