Will the threatening letters and phone calls from my creditors stop?

Yes. A Trust Deed is a formal legal agreement which is binding on all your unsecured creditors. Once the Trust Deed is in place, all contacts relating to your debts must be channelled through the Insolvency Practitioner who is acting as your Trustee. Consequently, all correspondence and phone calls should stop and any contacts you do receive, should be referred to your Trustee.

 

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