That's really interesting to know. The insolvency firm I used is based in Scotland, but at least I can understand why they use a claims firm.
TDA - That's basically what I was told on the phone this morning. I can understand why the advice is to seek out the PPI compensation yourself, howev...
Yep, the trustee used a claims company to seek out any possible PPI compensation. Circa £9k was within my trustee fees for the use of the claims compa...
Well phoned the trustee this morning, they will be taking a cut of the PPI as commission, for their PPI claims side of things. A whopping 30% +vat. ...
Thanks for the response TDA. It was that article that prompted me to make my post. It's clear from the letter that the ex-creditor sent that it wa...
I received the letter a few weeks back as well. Like you I was upfront about my trust deed when I opened my bank account and, touch wood, have had su...
My trust deed costs are currently around £10k and as Mark points out the 8% interest on £24k is around £6300. My situation is slightly different as I...
I feel for you Slayervixen, the PPI reclaim from ONE of my creditors totals approx £25K, my trust deed is for a debt of £24K. Add another £15K of my ...
Re Bonus, for the past couple of years I've been getting an annual bonus and so far the Trustee has been more than fair. On my first bonus they took ...
I did something similar, when the Debt Management Company I was with got very awkward, due to a reduction in family income (wife was made redundant). ...
Thanks TDA I will.
Pammy, I've been through exactly the same thing, except the bank (Natwest) didn't tell me they had frozen the account - I found out by accident on ...