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Scottish Trust Deed Forum
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Topic starter
22/10/2013 11:45 pm
Does a trustee vest interest on a long standing compensation claim for pain and suffering due to an industrial injury?
23/10/2013 9:45 am
Welcome to the forum Micro mania.
The short answer is that it might well be required to be paid over (in full or in part).
It always depends on individual circumstances and the view of your trustee though so, if you're in this position, you'll need to raise the matter with them.
It may be a little different if, for example, some of the money were required for future treatment or other matters connected to the original injury claim.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
23/10/2013 2:18 pm
As trust deed assistant says, they could potentially require these funds to be paid over for your creditors, but if you are able to make a good case to the trustee then they might be willing to allow you to keep some or all of the funds.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
23/10/2013 7:41 pm
Hi Micro mania
It's called Solatium in Scotland and while your trustee would not get involved in any court action etc in respect of the claim, he would have an interest in any payment awarded. It would be up to the Trustee to decide the extend of the payment.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
