threatened with bankruptcy

[Dishidox]

hello everyone,

im trying to get some advice for my friend who is in fiancial difficulty at the minute, he got made redunant 2011

 

after being on the dole a while they helped him set up a business,

 

everything was going well but the work started slowing down,

 

he had a account with a builders merchant that was fine,

he asked to pay reduced payments for a while to get himself back on track as work is slow,

 

they agreed but now want silly repayments back £500 per month

 

he said he couldnt afford it and offered £100

they said no but will accept £250 per month,

 

he wrote back saying

im sorry payments too high i dont want to say yes then cant pay

please accept my payments of £100,

 

received a letter(see attached ) this morning threating bankruptcy hes worried sick,

if anybody could give some advice for him would be greatly received

[sequenci]

Hello there. The scan is very small, I can't read it.

 

How much is owing? Is your friend a homeowner, if so do they have much equity in the proeprty? Have they other assets?

 

best wishes,

 

Seq.

[sequenci]

You can be 99.99% rest assured that the threat of bankruptcy is simply a scare tactic. A creditor is only likely to go to the time and expense of bankruptcy if they are guaranteed a return of their money. It's more likely that they'll use the traditional CCJ process (that is if they decide to use legal proceedings at all!)

[dx100uk]

set your default scan page size to A4 less than 300DPI [150 will do]

scan the required letters/agreements/sheets - as a picture[jpg] file

don't forget you can use a mobile phone or a digital camera too!!

'

BUT......

ENSURE: remove all pers info inc. barcodes etc using paint program

but leave all monetary figures and dates.

*********************************************************

{DO NOT USE A BIRO OR PEN OR USE SEE THRU TAPE OR LABELS]

try www.pdfescape.com TO BLANK STUFF,

*************************************************************

or

DO IT IN MSPAINT.EXE or any photo editing program

goto one of the many free online pdf converter websites ...

http://freejpgtopdf.com/

..

if you have multiple scans/pics

put them in a word doc FIRST and convert that to PDF

or use www.pdfmerge.com

 

convert existing PC files to PDF [office has an installable print to PDF option]

..

 

it would be better to upload a multipage pdf if

you have many images too rather than many single pdfs

.

or if you have PDF as an installed printer drive use that

or use word and save as pdf

try and logically name your file so people know what it is.

though dont use full bank names or CAG in the title

i'e Default notice dd-mm-yyyy TSB

.

open a new msg box here

hit go advanced below the msg box

hit manage attachments below that box

hit the add files button on the top right

hit select files, navigate to your file on your pc

hit upload files

.

dx

[Dishidox]

hopefully 3rd time lucky!!

[dx100uk]

well done

[dx100uk]

who has sent that?

 

dx

[Dishidox]

thankyou for your help with the file Dx

seq its finally on...

[Dishidox]

the debt recover people that the builder merchant are using scary isnt it

[Dishidox]

please can anyone help with this letter

[Dishidox]

this is the original thread with the right attachment sorry for any confusion

 

hello everyone,

im trying to get some advice for my friend who is in fiancial difficulty at the minute, he got made redunant 2011

 

after being on the dole a while they helped him set up a business,

 

everything was going well but the work started slowing down,

 

he had a account with a builders merchant that was fine,

he asked to pay reduced payments for a while to get himself back on track as work is slow,

 

they agreed but now want silly repayments back £500 per month

 

he said he couldnt afford it and offered £100

they said no but will accept £250 per month,

 

he wrote back saying

im sorry payments too high i dont want to say yes then cant pay

please accept my payments of £100,

 

received a letter(see attached ) this morning threating bankruptcy

 

he doesnt own his home he lives with his girlfriend in he rown house (he is not on mortage) hes in bits & worried sick,he wants to pay the debt but they are being unreasonable

if anybody could give some advice for him it would be greatly received

 

 

[dx100uk]

which dca

they are not bailiffs

and have no legal powers

 

dx

[Dishidox]

direct route there called is there a template letter i could send back to them for my friend? there saying there going to serve him at 10 o clock 3rd of june

[dx100uk]

that letter is unlawful

they cant pre-empt what a court will decide

 

the bit about the papers assumes the SD /BK would be granted.

 

where's this other bit about june come from.

 

can you please post up all the doc he has had

not half the story.

 

how long has this been going on

dates etc etc.

 

dx

[Dishidox]

hi Dx

he received the first demanding letter 13.05.2013 asking for full amount

obviously he cant pay that offered them £100 per month

 

they rejected it and wanted £500

 

he wrote back saying he couldnt afford that,

 

they then offered £250 per month

 

he wrote back saying please consider my offer as i cant pay £250

 

then this letter (attachment) came this morning,

 

it says in the letter they want full payment by 3rd june -[ edited-dx]

[sequenci]

Just to make it clear, an advertisement regarding bankruptcy isn't published in the local newspaper. This is quite frankly scaremongering of the highest order and I would be well inclined to report them to the OFT and Trading Standards.

 

They'll possibly serve a 'statutory demand'. This costs them bugger all. It is almost certain that they wouldn't go all the way with bankruptcy proceedings. If I was a betting man I would put my house on it!

[Dishidox]

sorry Dx ive read it wrong they want full payment 3rd of june

[Dishidox]

hi seq

thanks for reply, how does he report them also what is statutory demand? is there a template i can send to these awful people he is at his wits end

[dx100uk]

i'd be inclind to let the oft bash them.

 

is he making these offer to the builder merchant

or these fleecers?

 

dx

[Dishidox]

thank you for reply Dx

when he has replied he sent a copy to buliders merchants but nothing comes back from builders merchants just Dca how does he report them to oft ?

[IdaInFife]

Has he still paid what he offered?

[Dishidox]

No he hasn't paid anything to the dca

[dx100uk]

no the builders merchant - tell him NEVER EVER pay a DCA

 

ideally to show goodwill he should have been paying what he could when he could tO THE BUILDERS MERCHANT.

and not 'leave it' because the dca was poking their nose in.

 

makes the issue worse .

 

just because the dca says XYZ doesn't mean the builder merchant are saying that or even know

that's being said on their behalf

 

they still just see no payment, so p'haps 'allow' the escalation.

 

dx

 

dx

[Dishidox]

So should I tell him to pay builders merchants what he offered asap

[dx100uk]

yes!

 

when was the last time he paid them anything?

 

dx