littleoldlady
Member of DD Central
Running down all platforms due to age
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Post by littleoldlady on Jun 23, 2022 16:32:48 GMT
Did anyone receive a payout from the receivers? If so what date? DFL001 is a model 1 loan (i.e. not P2P). As of today, all recoveries go to Lendy as Lendy was the lender. Thanks. So the cash initially goes to Lendy's administrators and I suppose is then paid to Lendy's creditors in the standard order of priority. Where do we fit into the queue?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Jun 23, 2022 16:47:43 GMT
DFL001 is a model 1 loan (i.e. not P2P). As of today, all recoveries go to Lendy as Lendy was the lender. Thanks. So the cash initially goes to Lendy's administrators and I suppose is then paid to Lendy's creditors in the standard order of priority. Where do we fit into the queue? Unsecured creditors so after, admin, staff/HMRC PAYE but before shareholders
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