Jump to content


Please note that this topic has not had any new posts for the last 1028 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Hi, i have a rather serious issue regarding a PG that was falsely signed and witnessed. I have received a stat demand regarding the debt. Do I have a hope in fighting this on those grounds, or is it very difficult to prove and fight?

Link to post
Share on other sites

You will need to gives a lot more detail about this including dates, who it is, circumstances, value, et cetera. Otherwise we are just trying to play guessing games

Link to post
Share on other sites

Hi, ok where to start...

i was asked by a friend to give a PG for his company for a business loan.

I refused that, but it seems that he pasted my signature onto a PG agreement and also had someone witness it from his company!..

.as it happens the date on the PG was my birthday Sept '16, and I was out of the country.

 

The company defaulted on the loan, and I have received a stat demand this week.

The loan company have been informed of the discrepancy and have put the demand on hold while they investigate.

 

What is the best way to deal with this.

Would they still pursue it or would it have to go to court.

I have no assets.

Link to post
Share on other sites

Thank you. Please will you tell us which company this is which made the loan.

 

Your problem now is that you are dealing with a friend and it seems to me that you will probably have to inform the police get a crime reference number.

 

You say that there was a witness. Clearly the witness could not have seen you sign the document. What is the position of the witness? Are they saying that you did sign the document?

 

I think that if you didn't go to the police and get a crime reference number, then the lender would probably take that as a sign of the fact you were the guarantor and they would then begin a legal action against you. Even if you did go to the police, there is a chance that they might still try to proceed against you in the hope that they would get their money back from you and then it would be you who will be left with the problem of trying to recover any funds from your friend.

 

Which company is it, are they still in existence?

 

You haven't told us the value of the loan

Link to post
Share on other sites

The company that gave the loan for 60,000 are Rebuilding society.

The company is still in existence but i fear for not much longer.

 

I haven't spoken to the witness, is this a good idea?...or just inform the police.

 

As I said i have no assets that they could take anyway.

Would they still petition for bankruptcy in that situation?

Link to post
Share on other sites

You need to report tho to the police toot suite!

Stat demands are powerful things and you could lose everything as they can force you to go bankrupt very quickly.

You have 21 days to respond so get all your ducks in a row now

Link to post
Share on other sites

Don’t speak to the witness.

Either their signature was forged too, or they are in on it.

Report it to the police (even if they fob you off to Action Fraud!)

For £60k I’d expect the police to investigate, including interviewing the witness, (so you don’t want to prejudice that by approaching the witness)

 

Get it in writing that they won’t act on the statutory demand.

You could oppose it anyway if they moved to a bankruptcy claim, but it’d be even easier to oppose if you could evidence them saying “we’ll put it on hold”.

Link to post
Share on other sites

Have you got a copy of the signed guarantee?

Link to post
Share on other sites

And you have proof that you were elsewhere on the date the agreement was signed? most helpful if you have

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

 

The bailiff: A 12th Century solution re-branded as Enforcement Agents for the 21st Century to seize and sell debtors goods as before Oh so Dickensian!

Link to post
Share on other sites

Some relevant information on how to deal with the SD and set it aside....dont rely on the company telling you the demand is on hold...you have 18 days not 21 to deal with it.

 

https://www.consumeractiongroup.co.uk/forum/showthread.php?407519-Statutory-Demands-and-Lowells.-(amendments-December-2015-16)

 

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 The National Consumer Service

 

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

Link to post
Share on other sites
  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...