Do also read your equity release clauses, as these sometimes cause confusion.
I presume they originally estimated that their costs would amount to £5k but the actual costs incurred have been £12k.
These are approved by creditors and deducted from the assets.
You would only need to worry about their costs if you were paying enough to cover the total debts, costs and interest in full.
If you are unsure you will need to ask your IP.
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