January 12th, 2012 by Questions
From your experience, how TD canada trust handle proposal? Are they as tough as RBC by refusing most of them?
Posted from: Ontario
January 12, 2012 at 7:24 pm, A licensed trustee said:
Unless TD is the majority creditor, they often don’t vote for or against proposals – they simply go with the majority.
It is also somewhat inaccurate to call RBC tough – they often require a higher level of repayment than the other banks, but I am not sure that makes them “tough”.
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