Just received a new claim and would like to see how people would treat this situation.
In 2005 the customer’s father came over from Ireland. Because he couldn’t get a loan, in his own name, the customer raised a loan in hers. At the time she was not claiming benefits.
The father is paying back this loan at £148 per month.
Customer has now put in a claim for CTB but has just over £10,000 owed to her.
Because she is under 60, does the outstanding installments have to be treated in full as capital?
Grateful for any help. Cheers