Trust Deed Forum

Well done Neverendingstory. I'm glad to hear the Form 5 confirmation of discharge isn't going to take too long as well.

Hi whitley87. Trustees are very used to dealing with self-employed clients that have variable incomes and who have to pay their own tax. You jus...

Your trustee has first call on the pot. They're paid in preference to your creditors. If you reach the end of the agreed term and the above total h...

It all comes from the same "pot" nano1019. An early discharge would normally only happen once your total contributions into that "pot" equalled the...

Welcome to the forum nano1019. It's good that you're being allowed to keep 50% of your commission. This gives you an incentive to earn more while e...

Hi shark01. If they're finding it tough to communicate with customers right now you'd have to wonder how quickly they'd spot a missed payment? D...

Hi dlareg32. I'm afraid that I'm really not sure that the Financial Ombudsman will be able to assist you much. The blog link I provided explains mo...

Hi shark01. So long as you haven't agreed to pay any upfront fees, each payment you make should be counting towards the 48.

Hello Hope4me. My advice to you (and anyone else reading) is that there is no need whatsoever to pay any upfront fees. None of the firms that an...

Welcome to the forum Hope4me. Having no equity in your home will likely be to your advantage if a trust deed is the option that you believe will be...

Hi pinalta. I'm glad to hear that the threat of that action has now gone. I don't see helping to "nail" people as part of my remit here, but I d...

Thanks saabrina. I re-read some of your older posts a day or two ago and it did seem that everything had been handled in a very even-handed and fai...

Hi annie16. Your husband should present an updated version of his income and expenditure along with an explanation of the changed circumstances. Hi...

Well done to all of you. It's lovely to see so many forum users coming through to the end of the process.

Excellent news saabrina. How do you feel about how it has all worked out?