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    • I'm removing two posts here – one because it refers to "… All from the same ethnic background" and the second one referring to the fact that the customer was Spanish. The first, particularly by king12345 has a strong racist tone about it and is completely unwelcome here.  king1 2345 has been here long enough and knows very well that this is not what we do. ==============================================================================   In terms of the building and insurance problem, it certainly sounds if you are being treated very badly and we would be very happy to help. Unfortunately I find your story is rather unclear – probably because there is a lot of narrative and I'd be grateful if you could clarify your story and in particular breaking down the insurance job and the rest including giving their values. Do you know if the insurance money has been paid to the customer or is the insurance company simply waiting for some kind of approval. You say that the insurance company has signed the job off and so this suggests to me that they are satisfied but what worries me is that they may already have paid the money to the customer who is merely withholding it from you rather than authorising the direct payment of the insurance money to you. Your story needs substantial clarification please. Finally, does your customer own the property? If you are not sure then you should consult the land registry website to ascertain the owner of the property
    • update:  Tried with new micro filter and still no difference in the speeds.  Called plusnet and they sent this 🤪 although looks like there was interference in the line which i never picked up   
    • Hi dx100uk   He is the information you asked for.   OC: Capital One    Type of debt: Credit Card    When taken out: 29/10/2017   Current owner: Capital One    Defaulted date: Hasn’t Defaulted    Outstanding sum: £156.52   ———————————————————————   OC: Vanquis   Type of debt: Credit Card    When taken out: 21/05/2018   Current owner: Vanquis   Defaulted date: 31/05/2019   Outstanding sum: £355.00   ———————————————————————   OC: Ocean    Type of debt: Credit Card    When taken out: 09/09/2018   Current owner: Ocean   Defaulted date: 07/06/2019   Outstanding sum: £318.00   ———————————————————————   OC: Instant Cash Loans T/A Payday Express   Type of debt: Payday Loan   When taken out: 22/01/2014   Current owner: Instant Cash Loans T/A Payday Express   Defaulted date: 04/06/2014   Outstanding sum: £492.00   ———————————————————————   OC: NatWest   Type of debt: Current Account    When taken out: 05/08/2003   Current owner: NatWest   Defaulted date: 30/04/2016   Outstanding sum: £468.00   ———————————————————————   OC: British Gas   Type of debt: Utility Gas Account   When taken out: 01/08/2015   Current owner: British Gas   Defaulted date: 06/09/2018   Outstanding sum: £712.00   ———————————————————————   OC: British Gas   Type of debt: Utility Electric Account   When taken out: 01/08/2015   Current owner: British Gas   Defaulted date: 06/09/2018   Outstanding sum: £819.00
    • Thanks DX re counterclaim. Just to clarify regarding witness should I just put one on the N180 and at court just take a witness statement from partner?  
    • I am hoping someone can advise me regarding my salary. I work as an emergency response driver for a private medical transport company. I work 6 x 24 hour shifts on call(total of 144 hrs) followed by 2 rest days(48 hrs). I work from my home address, with a company vehicle parked outside. During my six on call shifts, I must be available to respond to any task given to me (by phone-call) within a certain time. As you can imagine, while on call I am very limited to what activities I can take part in. Due to the nature of my role and the need to respond within 30 minutes to 90 minutes I am somewhat tied to my home. Obviously I cannot consume alcohol, go for family meals, go shopping etc. Even while attending hospital appointments, popping to the shop I must wear my uniform, take the vehicle with me and be contactable and ready to respond. It has been brought to my attention that on call time is now classed as working time if you must be at the disposal of your employer during that on call time.   Is that correct and if so, should I be paid at least the minimum wage while on call. I am currently paid an annual salary of £22,000 for being on duty an average of 6,570 hours per year which would put my hourly rate at well below the minimum( not including annual leave).   Any advice would be greatly appreciated. Thank you.
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Fleetwood2018

£19k personal debt due to failed company

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Hi,

 

I have debt with a few different companies amounting to around £19k as a result of my company becoming unable to manage our cash flow.

(We were bought down by several of our clients not able to pay us now the inland revenue are winding the company up.)

 

The above aside I would like some advice on what I can do to manage the debt that I have built up trying to support the company which is as follows:

 

Current account: - £2,600 over-dawn - overdraft limit is £3k

Credit card 1 - £2,540 - limit is £3k

Credit card 2 - £3,145 - 0% interest card for 18 months

Credit card 3 - £3,320 - limit is £6,500

Also;

A personal account with a joinery supplier to which I owe £7,800.

 

So all in all about £19,405 and increasing daily due to living costs etc.

 

All the debt I have above is from buying materials for the company, going without being paid for several months and not being able to pay my expenses for several months in order to support the company. (I also had £10k invested in the company that I have lost)

and;

The company's overdraft facility which is £25k shared equally between myself and my business partner.

In order to get this we had to sign a debenture in order to personally guarantee it.

 

I didn't include the above because I'm not sure if this needs to be considered for the time being,

I guess that's question 1 because the revenue haven't completed winding us up so the account is still live and hasn't been frozen.

 

My current personal circumstances as a result of this are as follows:

 

I am separated from my fiancé and have a child with her that I obviously need to support and at the very least pay maintenance for.

moved out and have been living with my mother for just under a year.

no assets and no savings. (No car and certainly no house)

no job and have not being paid for the last couple of months.

 

The pressing issue I have is the account with the joinery company, which is question 2

 

My company had an account with them with a small credit limit so both myself and my business partner set up our own individual accounts as a way of extending our purchasing ability.

 

My company's account is settled as is my business partners however mine isn't.

As a result they issued a CCJ against me about 6 months ago because we were not able to pay it off.

An agreement was reached through the courts and a figure had to be paid every month.

As the company failed we couldn't pay this even.

 

The court has sent me an interim third party debt order,

the joinery company is seeking to get a court order to demand from my bank the contents of my account.

 

Question 3

I guess is where I go with all of this next,

I haven't got any way forward with any way to pay this off,

and after years of sacrifice and going without I have come out the other side with less than nothing.

 

I have done a little research into what my options are but I guess taking all of the above into consideration, what is the best approach:

 

Debt relief order - for debts of less than £20k - although i'm now very close to the limit not taking the business's over draft facility so i'm not sure if eligible

 

Individual voluntary agreement - If the above isn't possible perhaps this would work but would everything be covered in this?

 

Bankruptcy - not ideal for obvious reasons.

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Is there a realistic alternative to bankruptcy in this situation ?

 

The debts are increasing and I am not sure you can delay matters.

 

If you have no earnings and limited savings left, suggest you open up a separate basic Bank account now and claim any benefits such as JSA or Universal Credit as a temporary measure.

 

You should seek qualified debt/legal advice and you may be able to get some limited free help locally from a Solicitor and/or insolvency practioner.


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Yes, what are the obvious reasons which prevent you from considering bankruptcy?


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Thanks for your response,

 

I do have a little light at the far end of the tunnel in that i have been offered a job (part time) for another company, this would be regular work and income that could be used to make payments under an IVA. I have also set up a separate basic bank account as you suggest, I forgot to mention that.

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I guess I always considered it the very last resort, and it's an expensive process isn't it? i'm also concerned that some of the creditors owed by my company would come after me and my family personally and could become violent or aggressive, so if i could avoid it that would be preferable.

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I though it was about £800 to apply for your own bankruptcy ?

 

Whatever is best for you, IVA or bankruptcy. Needs to be something officially registered, which will keep creditors at arms length.

 

There should be no violence or agressive tactics, but if you delay matters, then you risk a visit by high court enforcement, who can seize vehicles you own. They have no rights to force entry, but would try to see if a door is unlocked or someone is silly enough to let them into their house. Once in a house, they have right to come back and force entry if necessary, if a payment arrangement is not necessary.

 

Advice is to act without delay. Speak to someone who deals with insolvency and make the relevany application.


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

 

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I though it was about £800 to apply for your own bankruptcy ?

 

Whatever is best for you, IVA or bankruptcy. Needs to be something officially registered, which will keep creditors at arms length.

 

There should be no violence or agressive tactics, but if you delay matters, then you risk a visit by high court enforcement, who can seize vehicles you own. They have no rights to force entry, but would try to see if a door is unlocked or someone is silly enough to let them into their house. Once in a house, they have right to come back and force entry if necessary, if a payment arrangement is not necessary.

 

Advice is to act without delay. Speak to someone who deals with insolvency and make the relevany application.

 

That should have read, payment arrangement not kept to.


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

 

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