Trust Deed Fees

A Trust Deed is structured so that your creditors agree how much fees are charged for setting up and supervising your Trust Deed agreement. This fee is taken from the overall amount that you pay into the arrangement so you will never pay any more than your monthly payment.

For Example: If your monthly payment is �220 and the duration of your Trust Deed lasts 36 months, you will only ever pay £7,920 (220 x 36). Any remaining debts will be written off.

Since the fees are decided and settled by your creditors, you only need to worry about choosing the right Trust Deed provider who will give you the service you require.

Call the debt solutions helpline on: 0845 519 6093

Upon entering into a Trust Deed agreement, the only payments you will be required to make are your monthly payments, as set out in the Trust Deed, for the benefit of your creditors. No other payments are required. The fees which are involved, namely the trustee�s fees, are agreed with you at the time the Trust Deed is being drawn up. These are taken from the monthly payments; they are NOT a separate cost.

The Trustee fees cover a range of costs involved in the set up and administration of your Trust Deed. Such work will typically include the initial meeting with a client to establish the exact state of their finances; a post-meeting review which will layout the options; the drawing up of the Trust Deed document; a signing meeting; the input of all relevant details; advertising the Trust Deed; circularisation of correspondence amongst creditors; continued correspondence with both parties; negotiation and adjudication of creditor claims; the review and realisation of assets; statutory reporting to creditors; pursuing claims as required; the distribution of dividend payments to creditors and finally organising the discharge from the Trust Deed for both the client and the Trustee.

As stated above, the exact fee will be assessed based on an individual�s specific circumstances, and will be paid before any money is made available to creditors. Fees (net of VAT and outlays) will range between £2,500 and £4,500 and are calculated based upon the amount of time which will be spent by a Trustee and their staff when administering your Trust Deed.

Can debt solutions help me get out of debt?

YES we can. Everyone’s personal situation is different and each debt solution is different so we need to work out which will best suit your financial needs.

We will complete a FREE 20 minute fact find with you to work out what your earning and spending and this will let us know how much you can afford to pay to your creditors and also which debt solution is best for you to help you get out of debt. You are under no obligation but I am sure you will be 100% happy with what out debt advisors can do for you and we have the lowest debt managenent fees in the industy

We pride ourselves in our friendly, professional approach to finding the right debt solution for every one of our clients, which is honest, confidential and always the ‘best advice’ based on your individual circumstances.

If you would like to speak to one of our friendly, professional debt experts about any of our debt solutions you can either call our debt solutions helpline on: 0845 159 6093 or complete our online contact form and one of our debt advisors will call you back within the hour.

Start you debt free life today! with one of our debt solutions.

Debt Management | Individual Voluntary Arrangement | Protected Trust Deed | Bankruptcy

Also have a look at out "DEBT FEEs" chart and see what the more popular debt management companies are charging.