Money held in trust
October 13th, 2012 by Questions
When does the trustee send money to the creditors? I’ve been paying $300 for the past sixteen months. When I asked where the funds were disbursed, I was informed there was none. That $1900 was taken by the trustee for administration costs and remaining $2900 was held in trust. They provided no proof. Is it normal for the creditors to wait over a year for any sort of payment?
Posted from: Newfoundland and Labrador