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Questions asked regularly and interesting questions asked elsewhere on Beat My Debt are posted here for the benefit of all.
By Beat My Debt
#683
It is normal to be charged an upfront Instruction or Drafting fee by the debt management company or Insolvency Practitioner who helps you put your Trust Deed on place. This will normally be based on your disposable income. There are additional costs associated with a Trust Deed which are paid to the Insolvency Practitioner during the life of the Trust Deed. However, you do not have to pay these yourself. They are taken out of the agreed payments that you make into the Trust Deed.