Quote: PopTart "1 only if the landlord carries the debt on. If they just wipe it each year it just appears as a 0 expense.
And from IMG point of view, they are looking at last year not this year.
It'll affect them on the next audit, which is more important to them.'"
The debt hasn't been written off its still standing but underwritten by the council, so is owed to the council not the landlord (for the moment) the debt has accumulated since they defaulted on the CVA (which I think was back in 2017) so for the last 3 years that IMG were looking at, it has existed and increased each year
The question is, did they reveal this debt in their IMG submission or did IMG choose to ignore it?