Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can an individual creditor refuse to accept an Trust Deed?

Creditor deed individual refuse Trust
0
Posted

Can an individual creditor refuse to accept an Trust Deed?

0 CommentsAdd a Comment

1 Answer

0

Yes, but only if more than 33% of the total debt is owed to him. Once the deed has become protected, all creditors are bound by law to accept the terms of the deed.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123