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Found 13 results

  1. I was the director of a company that had a trade account with screwfix. When the account was opened it was opened in the ltd companies name and I was never told about an directors guarentee. The application form that I signed had been photocopied that many times most of the writing on it was illegible.. Stupidly I signed it and opened the account. A couple of years later the company got into financial difficulties, became insolvent and folded. I soon received word from screwfix`s solicitors that I had signed a directors guarantee and was personally liable for the company debts to sc
  2. Directors of debt management company disqualified for 29 years READ MORE HERE: https://www.gov.uk/government/news/directors-of-debt-management-company-disqualified-for-29-years
  3. Estate agent cartel directors disqualified READ MORE HERE: https://www.gov.uk/government/news/estate-agent-cartel-directors-disqualified
  4. Debt management directors disqualified for a combined 11 and a half years READ MORE HERE: https://www.gov.uk/government/news/debt-management-directors-disqualified-for-a-combined-11-and-a-half-years
  5. Hi. Sadly my sister passed away last week, she was not too well after her husband had a heart attack 5 months ago. My sister wasn't very well and was receiving £300 DLA per month and £700 Universal Credit per month. I spoke with my mum and stepdad who have said they have been to the funeral directors today and they are asking for £1800. My mum and step dad are both retired and are what you could call low income. They definitely do not have the means to pay such funds. We are in the belief that the social services should be doing more to liaise with the funeral directors
  6. Dear All, In June 2014, my partner and I arranged an overdraft with our business bank (Nat West) as match funding for a government loan scheme. We were asked to sign a personal directors guarantee and, at the same moment in time, signed the waiver to legal advice form in the bank's office. Sadly, our business has now been declared insolvent and the bank are now calling in the personal guarantee for £20k. Originally, we did not believe we had signed a guranatee but the bank have now come up with the evidence (although that was never originally forwarded to us so
  7. hi, any advice on clarifying a small matter would be helpful. we bought a bed for our son from an online store. the bed was hardly used as was in spare room just before the one year warranty it broke. they sent him a part to fix it but it broke again, same fault as before . he got in touch with the retailer and after some back and fourth they have said not their problem and have given us the manufacturers details. are they right or should the retailer sort this out as we believe the bed is not fit for purpose any advice would be appreciated.
  8. Hi All, I have been reading lots of posts on this issue and have been finding it very helpful thus far, but would like some urgent advice on this worrying issue. Any help would be appreciated. I was a Director and secretary for a Company that I formed in 2006 with 2 partners. In June 2012 we took a hit for nearly 60k on an underground project we were working on, nearly £45k of this was owed to numerous companys who supplied materials etc. for the project. Anyway, numerous arrangements were made with all suppliers allowing us to continue to trade and therefore pay off the outstanding deb
  9. Back in October 2004 – I gave HSBC a Legal Mortgage as a directors guarantee of £45K on my home to support loans to my business. My business ceased trading just over a year ago, with 40k of OD / loans. I offered them £400pm but they refused. Now HSBC have filed to take legal charge over the property as we have not come to a repayment agreement, HSBC believe the is equity to be had so are looking for the sum to be repaid with 2 years or sooner. I have an appearance @ Court next week. Interestingly I signed the Legal Mortgage but no DE bencher was ever given. I also believe the HSB
  10. 56/12 3 July 2012 Jackie Holland, Mary Starks and Ann Pope have all been promoted to Senior Directors in Clive Maxwell's first appointments as OFT Chief Executive. Holland's role will be to lead an enhanced Policy Group which will lead the OFT's competition and markets policy, including overseeing any changes to the OFT's Competition Act decision making and other procedures following the current consultation. She will also take on a role as a phase 1 mergers decision-maker, alongside Amelia Fletcher and Ali Nikpay. She will continue in her role as Procedural Adjudicator for now, whilst
  11. Dear All Just to let you know that the trial of the 7 remaining directors (2 directors took voluntary disqualification) begins this coming Monday 21 May 2012. It is at the High Court, London and is set down for 6 weeks. We have updated Unfairpak to include live Twitter feeds, a blog which we will update each day to sum up what has happened in Court and contact details if you need any help. We also still have the Forum running and can advise you and help you with any aspects of the Liquidation of Farepak. You can also follow us on Twitter @unfairpak Hopefully there will b
  12. hi all... my company was dissolved over two months ago now and i believe that i have paid the majority of my oustandings to the HMRC, I was told by my accountant once the company is dissolved then thats it all the debts are written off as the company is struck off companies house. As far as I am aware I am not in receievership, administration or anything like that. however I did have an overdraft with the bank and that was under a directors guarantee. I was owed two weeks worth of wages which should have gone into my bank account but whatever reason they did not and were
  13. I am in the process of taking legal action against former employers.Now I hear the company is closing down in the next 6 weeks.Can I still proceed with court proceedings?or would it be safer to take the Directors to court.Based on, they failed to provide me with "Due Care"and protection from a supervisor's constant Bullying and Harassment over a four year period,being well aware of his actions at all times.
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