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Nick wheatley

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  1. Hi ims21, Do you think I will be able to get any advice? My worry is that I have 14 days to pay before legal action will be served?
  2. Sorry Brigadier, I wasn't sure if I was appealing to the right people being new to the forum. I posted it in legal issues originally and then again as part of an introduction as the reasons for why I joined. Sorry
  3. Hi Folks I am new to the forum and unfortunately have joined out of desperation and panic! I was previously a Director of a company wherby I signed a number of Credit Application forms to trade suppliers. I left the company and resigned from the Board in February this year and shortly afterwards the company went into liquidation, coincidently I might add. I have now received a letter demanding payment on an unpaid account where the solicitors are inferring I have made a personal guarantee. The document I signed certainly does not imply this although the wording guarantee is included beneath the heading Confirmation of Acceptance. I am a little unsure how to respond and any advice would be very much appreciated. The letter is dated 27th April 2012 and I have been told that if I do not pay in 14 days, they will issue legal action. Can anyone assist?? I have attached the credit application for your reference. Kind regards Nick
  4. Hi Toddle2U You make reference in your reply above "This does not contain all or the crucial arguments I was able to use as the forms you have signed are more stringent and clearly defined with regards to bring the PG to the attention of the person signing." I have signed a similar Credit Account Application form whereby the heading was CONFIRMATION OF ACCEPTANCE. The wording beneath read "I confirm that we have read and agree to the terms and Conditions supplied to us by Screwfix Direct Ltd. I the director, agree to guarantee performance of all the company's financial obligations to Screwfix Direct Ltd and it's subsidiaries" The company I worked for has since gone into liquidation and I am now being pursued for the unpaid balance despite having left the employ of the company and the board prior to its demise. Does my case have any potential for some of the crucial arguments you make reference to? I have posted all over the forum yesterday and today, but to no avail. I have 14 days in which to pay the debt by which time I will be served with legal action. I really would appreciate some help if you have the time. Kind regards Nick
  5. Hi guys Sorry to hijack your post, but I have found myself in a very similar situation as of yesterday morning. I had signed a credit application form back in 2009, a copy of which I have attached for your information. I since resigned from the company and the board of directors before the company went into liquidation and now find myself being chased by solicitors for the outstanding account stating I had entered into a personal guarantee. I did not believe at the time this is what I was doing and felt my liability only extended to my capacity as a company director, not as that of an individual. Given the wording in the document and the fact that I left the company prior to its demise, do I have a leg to stand on? I have been given 14 days to pay up or they have threatened legal proceedings! I am a complete novice when it comes to legals and I would really appreciate any help you can give. Yours in desperation, Nick
  6. Hi Peter, Thanks for your reply, having searched online, this appears to be a real issue, and I feel like a bit of a mug now not having read the small print, a lesson in life I may learn to my detriment. It feel very strongly that I have been mislead in this respect but without paying out for legal fees, I feel my only option may be to pay up. My only real concern is what others I may receive from here on in as I am aware I signed more than one application in my time on the board. Thanks again for your time taken to reply, it helps somewhat knowing I'm not on my own! Nick
  7. Hi Chris Sorry to hijack your post but I also find myself in a very similar situation. I received l letter yesterday from solicitors representing screwfix. I had signed a credit application form as a director of the business with the wording "I confirm that we have read and agree to the terms and conditions supplied to us by screwfix direct ltd. I the director, agree to guarantee performance of all the company's financial obligations to screwfix direct ltd and it's subsidiaries" Like you, I also resigned from the company and the board prior to the company's demise. Again, the letter made reference to a personal guarantee made by me which given the circumstances I believe is gross misrepresentation. I was planning to reply using the wording you have suggested, however speaking with another user who did the same, apparently just received a long letter in reply contesting each of the points. I would very much like to hear of your progress as I suspect I may receive more letters from other suppliers. Many thanks Nick
  8. Hi N Thanks for your reply. I agree with your thoughts, and I have learnt a very valuable lesson as my time as a director. Unfortunately, my understanding of the legal ramifications may be misleading as I have taken most of the wording of my letter from advice given within another post, credit I believe is owed to "toddle2u". I am very concerned personally as I had signed a number of credit account applications in my role and believe this may be the start of many letters of this nature. To this end I am looking for any advice I can get with a view to defending my position. Many thanks for your reply Nick
  9. Hi, I am new to the forum and discovered this site whilst looking for advice. I received a letter this morning from solicitors chasing an unpaid account which related to a company I was previously a Director of. They enclosed a copy of the credit application form which I had signed back in 2009 and stated that I was personally liable for the debt given the wording. the company has since gone into liquidation however I have resigned prior to this and resigned from the board also, albeit a month prior to the companies demise. I have looked at similar posts within the forum and planned to respond as detailed below, but would appreciate any advice in this respect as I suspect this may not be the last letter I receive. I am in receipt of your letter dated 27th April and refute your claim that I am personally liable for the unpaid invoice you refer to in your letter on the following grounds. 1. Misrepresentation - the document is headed 'Credit Account Application Form' and for it to be a Personal Guarantee is misrepresentation by creditor. 2. I did not sign the Application Form in a personal capacity but as a Director of xx Limited. It is further submitted that if this Application Form is found to be a guarantee it has an unreasonable indemnity clause within the meaning of the Unfair Contract Terms Act 1977 (”the 1977 Act”). The form that is the subject of this guarantee was between the Claimant and xx Ltd. My involvement as a guarantor was purely a personal matter between myself and xx Ltd. 3. My trade or profession is not that of guarantor and I did not provide this guarantee in return for a fee or commission. It is therefore submitted that I was ”dealing as a consumer” within the meaning of section 12 of the 1977 Act (R & B Customs Brokers Company Ltd v United Dominions Trust Ltd [1987] EWCA Civ 3). 4. As a result of the above case, the guarantee must be reasonable and it is submitted that the guarantee does not meet the reasonableness test of section 11 of the UCTA1977 Act and it is noted that by subsection (5) that it is for those claiming that a contract term or notice satisfies the requirement of reasonableness to show that it does. 5. It is my belief that the guarantee does not meet the reasonableness test for the following reasons. a. I had no intention of entering into a personal guarantee b. What is purporting to be a personal liability is incorporated in the body of a document which is clearly designed to impose liability on MARS (Construction) Limited and not myself personally. c. It has been shown above that I am a consumer in this case. Under the Unfair Terms (Consumer Contract) Regulations 1999 (regulation 8) an unfair term is not binding on the consumer and therefore I cannot be held liable for the xx Limited debt. d. Under regulation 5(1) of the UTCCR a contractual term that is not individually negotiated will be regarded as unfair if, contrary to the requirements of good faith, it causes a significant imbalance in the parties rights and obligations arising under the contract, to the detriment of the consumer. The Application Form was clearly pre-printed and was a standard form of the Claimant and therefore cannot have been individually negotiated. By trying to pass the liability of a third party to myself, without my knowledge, there has clearly been a imbalance in the parties rights and is to the detriment of myself financially. Given the above I consider the matter closed and request that you withdraw your claim in writing by return. Any advice you can give would be appreciated as I am worried what may be in store for the coming months. Nick
  10. Hi Peter I realise that this is quite an old post, but I have recently received the very same letter from screw fix solicitors with the same guarantee wording signed by me. Could you let me know how you got on with your defence as I am about to reply using the wording given in reply to your post. Many thanks Nick
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