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    • Hello.  Do you mean the first notice to keeper? That was the 12th July.  Notice to driver via ticket 5th April.  The driver didn't have a permit. The car park was entered thinking the sign directly in front of the car belonging to local council was for that space (the photos are in post 6).  There was a sign on the wall but wasn't clear when driving in to the car park. It is in post 6 and on the wall. The "entrance" is just a gap in the walkway from the road.    I have sent the original ticket across. 
    • p'haps not the best thing to do just use the N244.and the ex160 let them sort it out don't complicate things..   don't worry about the bailiffs there isn't really anything they can do there is no right of forced entry upon consumer debt CCJ enforcement.    
    • again you appear not to be understanding things.....   a default does not go statute barred - as carefully explained in post 4....once it reaches its 6th birthday it along with the associated account will be removed from your file. that happening has no effect on the debt itself. it does not mean it is no owed.    your debt is NOT statute barred it has a CCJ . should the claimant fail to enforce the CCJ by it's 6th birthday, when, as with a default, it falls off your credit file, then they would need to return to court to do so. and again that happening has no effect upon the debt itself.   they both operate under the same ICO rule, quoted as in post 4..   All references to a defaulted debt must be removed from your credit files after 6 years  has passed from date of default, whether paid off, paying now or not.  . This is so that someone who continues paying something  - even after 6 years from default  - should not be at a disadvantage to someone who pays nothing after default  and ends up with a clean file after 6 years. 
    • Pleased to say that the default has gone from my credit report due to being SB. My Experian credit score is now 978 out of 999 and excellent. Experian doesn’t show my 2 x CCJ’s. Equifax’s shows just 1.    my question is this.... clearly the debt is still owed for the SB debt, the CCJ is still live until June next year.   Can I make an offer of 10% to settle the debt now that it’s SB? If so is there a letter template that I can send to them to make such an offer?   thanks in advance 
    • Your position is not untenable in any way. You have already mitigated partially any impending disaster by opening another non Paypal linked bank account so they cannot arbitrarily seize what they want.   First thing to remember you are in control here. Whatever you offer to pay them must be something you can reasonably afford even if its only a pound a week and you must pay it to Paypal. If like me they freeze your account then there is no way you can reasonably pay them. They are not going to give you another account to pay it into.   The reason I got into difficulties with them was because I had recurring large payments being made to a supplier of mine which continued after I was rushed into hospital for series of emergency operations. When I came out of hospital Paypal had simply frozen the account which I discovered when I tried to pay money into it to alleviate the huge deficit that had accrued. So I paid nothing of what I owed. I received about 4 or 5 threatening missives which I ignored as well as any phone calls. I tried for several months to make payments into the account and in the end I gave up. Despite all the threats nothing actually happened.   If you read all the answers to your posting as well as all the other Paypal posts I doubt you will find any evidence of Paypal doing very much to enforce outstanding balances and funnily enough they do not make it easy for those that wish to repay them as I discovered.   So stop getting yourself into a flap over something that is very unlikely to be nothing more than a storm in a tea cup.   Make or start you offer to re-pay them at a figure you can easily afford then forget all about them except to make your regular payment if you can still do so.   DO NOT under any circumstances get yourself deeper into debt over this.
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kevp73

Personal Guarantee on Ltd Company overdraft

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Morning folks after doing loads of reading here , I am really hoping a few of the kind folks on here may be able to give me some advice on the situation that I am in at the moment or at least some guidance on the route I should take. In a nut shell our limited company took up an overdraft in 2006 for 20k from HSBC with two directors giving personal guarantees with me being one of them, over the last 3 years things got progressively worse and I sunk more money, time and all for much reduced salary in the hope things would improve but eventually in September we decided enough was enough and it went into liquidation. I have always known about the PG and finally a letter of demand came through asking me to contact the bank with repayment proposals.

 

It has been an incredibly tough time living on practically nothing, searching for new work and staying with friends as I no longer could afford to rent any longer. I have managed to get some part time work which is allowing me to just meet payments on my personal loan and credit card (£13900 and £9600 both with HSBC) . I have no assets or home that could be of any use although some friends have offered to loan me a small amount if I really need it but would rather not.

 

My questions are this, any further increase on the current amounts that i have will just be impossible to meet, so if i can scrape together a small amount can I make an offer to pay a lump sum as a settlement even though it may not be much ? What is the process of negotiation from here on, do I make contact early or will I have to wait for it to go to the collections team ? Will I be forced into paying an amount for the next 27 years or some ridiculously long time with a review every year ? Do I have the option to use the IVA route or maybe bankruptcy if it comes down to it ? Many thanks for any help or advice you folks maybe able to give me.

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Hi Kevp and welcome to CAG

 

I would advocate early negotiations before collection and any intended litigation...vital that you retain a paper trail of all your correspondence.

 

Useful Information :- http://www.bdl.org.uk/images/10_EW_BDL_Limited%20Companies.pdf

 

Regards

 

Andy


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Thanks Andy for the info, my PG is definitely unsecured as per page one of the info on your link, will write today to Bank stating all that I owe interms of loans, cc etc, my current situation and possible settlement offer, I will aim the offer below what I can afford as I think they will most probably reject the first one and at least there is room for movement. Will post back as things move forward.

Is there a thread / group for those putting Ltd companies into Voluntary liquidation, I have just been through it and might be good if I can help others as it was stressful but outcome was good.

Thanks

Kevin

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No Kevin we tend to deal with them here in Legal.

 

Andy


We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

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