Provision Fund Size

mikeh
Member of DD Central

Posts: 499

Likes: 370

Provision Fund Size Aug 30, 2017 22:31:19 GMT

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Post by mikeh on Aug 30, 2017 22:31:19 GMT

Future contracted income is expected future income that is currently being pursued from the borrower, valuer or guarantor etc… through legal avenues. Although there is no absolute guarantee of recovering these funds, this figure includes amounts that the firm is confident in its ability to recover through legal channels.

fp Posts: 1,008 Likes: 853	Provision Fund Size Aug 30, 2017 22:33:54 GMT via mobile Quote Select Post Deselect Post Link to Post Back to Top Post by fp on Aug 30, 2017 22:33:54 GMT Aug 30, 2017 22:11:18 GMT ric said: how can the "expected recovery" item be larger than the actual losses/PF usage? Am i missing something? I'm tempted to think it is outstanding interest, fees, etc 😏

d_saver

Posts: 245

Likes: 319

Provision Fund Size Aug 31, 2017 11:54:14 GMT locutus, fp, and 2 more like this

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Post by d_saver on Aug 31, 2017 11:54:14 GMT

Aug 31, 2017 10:17:37 GMT @new2p2p said:

Well, that was short lived.... gone again.

That's a great shame. Despite the fact we know not to rely on it, I'm sure it helped answer a lot of people's questions around here as to it's status. I hope they bring it back.

Post by mikeh on Aug 30, 2017 22:31:19 GMT

Post by fp on Aug 30, 2017 22:33:54 GMT

Post by d_saver on Aug 31, 2017 11:54:14 GMT