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Scottish Trust Deed Forum
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Topic starter
27/01/2012 11:41 pm
Out of the blue we received a decent sized cheque back from our old bank relating to our mortgage (sold house couple of years ago). The cheque was compensation for the bank not advising us there was a capped rate available, we knew nothing about it, all very strange.
Anyway the cheque is made out jointly to me and my wife. How would I handle this situation?
My wife is not in a trust deed , so would half go to her and the other half (my half) go to the trust deed?
Thanks...
28/01/2012 8:19 am
Hi DontDoDebt.
Thats an interesting one. Common sense suggests it should be split as you say and I would be hopeful that it will be. Maybe not as 100% clear cut as it seems though.
Best to run it by your Trustee and see what they say.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
