Atradius demanding payment

[Guy]

Hi all,

long time since my last post but this is a new one on me.

my partner has a retail business which is struggling. she owes £1521 to one of her uppliers who have now assigned the collection to a company called Atradius.
we have offered a payment of £100 per month for the time being with a review in 3 months. The business is on sale so would clear the debt completely if the sale takes place. if business picks up then we can increase the payments. (it should be noted that my business is covereing a substantial portion of the payment)
A real **** has demanded that a minimum of £300 per month be paid or he will 1. take her to court
2. apply for a forensic audit of the acounts
3. make her bankrupt
4. lodge a report against the directors blah blah blah.

I got a little arsy with him and told him that we believe that given the circumstances £100 was a fair and reasonable offer and that we believed that the courts would agree. If they do agree then i will go for a wasted costs order and include costs for my time and jos.

what do you think? £100 reasonable or not?

[KeefG]

Thats like asking how long is a piece of string! lol

£100 might be reasonable to you but unreasonable to others, i suppose it depends on the turnover and/or profit margin of your wife's business. If you can show the DCA that her profit margin is very small or doesnt exist then surely a judge is going to look at it the same way and agree that £100 is more than adequate.