18 years and over 22,000 people already debt free. It’s these success stories that make us love what we do. Many of our happy clients would like to share their stories with others facing similar difficulties.
Here are some of our success stories:
With a new baby, £17,500 of debt and a reduced income, Sarah and her husband resolved their debts using Trust Deeds.
Supply teacher, Sarah, and her husband Michael got into financial difficulties when an injury meant Michael was unable to work for a sustained period. The arrival of their new baby meant Sarah also had to stop work, making it impossible for the couple to make their debt payments in full.
Sarah called KPMG and was reassured when her adviser “explained everything, did not persuade us to sign anything and gave us lots of information so we could make our own decision.”
Both Sarah and Michael have now signed Trust Deeds. Sarah feels the best thing about the option they chose is the fact that “there are no calls from creditors and I feel there is always someone there supporting me on my journey to get rid of debt”.
I will get a straight answer, it won’t take a lot of time and I can trust the advice I'm given. There are no calls from creditors and I feel there is always someone there supporting me on my journey to get rid of debt.
Throughout the process of setting up his Trust Deed, Lee found the service: “above and beyond” his expectations, especially his contact with Hazel, who helped him make his initial decision. Lee said: “Of course. I am very satisfied with the way the Trust Deed has been administered. There’s nothing I think they could have done better”.
Living in Glasgow with Kirsty and in full-time employment, Lee started looking for financial help when he found himself “in a hole”, having over-borrowed, with debts of £21,000. With banks unwilling to help and payday loans offering little more than a quick fix, Lee started to research Trust Deeds and the Debt Arrangement Scheme.
At first Lee was unhappy with the advisers he found, who gave the impression that they would cut corners. This wasn’t what he wanted. He felt entering into a formal solution for dealing with his debts, such as a Trust Deed, was a serious project. He wanted to be confident he was getting a reputable service.
Kirsty’s mother recommended that Lee get in touch with KPMG, as she had had a good experience with us in the past. Lee’s research reassured him of our credentials and when he contacted Hazel at KPMG he was immediately made to feel at ease, especially because she put no pressure on him to make a decision: “KPMG are never pushy”, he said. Hazel emailed Lee a summary of his options within an hour of their discussions, which completely put his mind at rest. As Lee said: “‘I knew exactly what I was getting into as the process was fully explained. Everything was easy to understand”. After considering all his options, Lee signed a Trust Deed with KPMG.
KPMG are never pushy. I knew exactly what I was getting into as the process was fully explained. Everything was easy to understand.
Foster carer, Karen, was unable to make her mortgage payments or sell her property. She called us and found the solution she needed.
When foster carer, Karen, was unable to sell her property, she was not able to make mortgage payments. This turned into an unsecured debt by the time the house was eventually repossessed and sold. She was struggling to keep a roof over her children’s heads and became fearful that she would lose her full income.
When she was referred to KPMG by a debt charity, we explained all the options available. Karen said: “ I felt reassured that I had not only one option, but several options”.
Karen chose to apply for her sequestration, and throughout the process she felt strongly that we that were acting for her benefit. She said: “I was delighted with the service that KPMG provided. I would like people who are in the position that I was in a few months ago to know that real solutions are available.”
I was delighted with the service that KPMG provided. I would like people who are in the position that I was in a few months ago to know that real solutions are available.
Bankruptcy was not an option. Graeme needed help to manage his £180,000 debt. We helped him find a solution.
Married with three school-age children, financial advisor Graeme had accumulated £180,000 of debt because of ill health. Despite having sold the family home, his existing arrangement for debt management was not working. Graeme's profession meant bankruptcy was not an option, so he sought the advice of a solicitor friend who recommended KPMG.
After a face-to-face meeting with us, Graeme felt an “immense sense of relief”, and both he and his wife opted to sign Trust Deeds.
Graeme and his wife are now debt free after successfully completing their Trust Deeds. They found that “KPMG was extremely professional and phenomenally efficient”.
It feels fabulous to be debt free
Nicola had nowhere to turn. An office worker, crippled with £13,000 of debt. KPMG gave her a way out.
When what started as a student loan became an intolerable £13,000 burden, Nicola took up a friend’s recommendation to contact KPMG.
After coming in to the office for an initial meeting, Nicola felt instant relief. She said: “I felt there was no way out of it until I spoke to someone at KPMG”. Even though her income fluctuated during the term of her Trust Deed because of maternity leave and tax credit issues, we were able to ensure the payments were adjusted when Nicola provided details of the changes to her income and expenditure.
Nicola is now debt free.
Things are possible when they weren’t before
Separated from his wife and £26,000 in debt, John didn’t know where to turn. We helped him find a solution that met his needs.
With a significant £26,000 of unsecured debt, and a recent separation from his wife, John was concerned about how a debt solution would affect the family’s assets.
We understood that John was very anxious about this complex situation. We made sure that he was always kept informed and that all of his concerns were correctly addressed. He appreciated this greatly, saying: “KPMG instilled a good deal of confidence in the process”.
Having now signed a Trust Deed that fits his particular circumstances, John has also been able to continue in his senior-level job in the public sector.
KPMG instilled confidence in the process