Hi, just a quick reply to let you know we managed to fight the gratuitous alienation claim and have now been released from our trust deed after 6 l...
Hi Kevin,great news,the trustees have put the offer to the creditors and it has been accepted with no objections.We will shortly be making the payment...
Hi Mark ,thanks for advice ,I will let you know how I progress.Hi also to pinalta for your encouragement,I hope all works out for you too,and to anyon...
Hi Mark,finally received a letter from the trustee saying they have dropped their claim for gratuitous alienation,after I proved I was solvent at the ...
Hi Mark,I still had debts of around £25,000 after I paid the £50,000.Most of this was accumulated because I was renting commercial premises and the su...
Hi Pinalta,this has been ongoing for some time now,if you have been in the same situation I'm sure you know how distressing it is.We are dreading the...
HI,NO I WAS A SOLE TRADER SO ALL THE DEBTS AND ASSETS WERE MINE.
Hi Mark,the trustees have replied asking for a breakdown of personal and business debts.This will be difficult to do as I was self employed and used m...
Thanks for all the help and advice,I have had better,clearer service here than from anywhere else.I have sent off my figures to the trustees so when I...
hi,equity was about £25,000.I reckon on assets of about £30,000 in my business at the time,but hard to be exact as accounts were made up to december,(...
there was a small gap between receiving the cash from the remortgage and paying off the debts,(about 2 weeks).for those 2 weeks I had debts of about ...
Hi Mark,I have done a quick check on the solvency issue;the debts were approx. £72,000.Adding up the house equity (valuation less mortgage),plus cash ...
HI MARK,THANKS FOR RAPID RESPONSE! YES,ALL THE 50K WAS USED TO PAY OFF MY DEBTS,THIS WAS ALL PROVED TO THE ADMINISTRATORS.NONE OF IT WENT TO...