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Compensation payment in a TD

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(@adamski)
Active Member
Joined: 13 years ago
Posts: 11
Topic starter  

Apologies for yet another question.

If we were awarded a compensation payout whilst in a TD, would it all have to go into our TD, or would it be 50% or none at all, or something different?

Cheers

A


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

Hi adamski.

The answer may depend on what led to the compensation being payable, and also the purpose of the various elements that may constitute the compensation payment itself.

Could you give us a little more background?

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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