IFISAcava
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Post by IFISAcava on Nov 27, 2020 12:19:32 GMT
A 'chase' sounds weak in the circumstances. Time to let them know which debt is the highest priority for their working capital - Dear Sir, unless ... Clearly whilst at junior school you were not 'chased' home every night by Sharon who wanted to kiss you. The trauma was very real at the time. That I have recovered (and wonder why I ran) is a tribute to the human spirit. Ah yes, kiss chase at primary school where boys would run away from screaming hordes of girls. Sadly it all changed once puberty dawned.
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blender
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Post by blender on Nov 27, 2020 15:07:57 GMT
I'm not sure that Ablrate should have a collections process that mixes finance with romance. However, if each borrower was required to provide a favourite daughter as security, to be held at Ablrate Towers for the term, then that could be beneficial. Or, in the spirit of the age, a favourite son if preferred.
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brianlom1
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He's not the Messiah, he's a very naughty boy!
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Post by brianlom1 on Nov 27, 2020 21:08:13 GMT
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travolta
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Post by travolta on Nov 28, 2020 11:20:07 GMT
Good news email today  |
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p2pfan
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Full-Time Investor
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Post by p2pfan on Nov 28, 2020 13:27:02 GMT
Good news email today I imagine you're saying that cynically. The long and short of it is "there has been no further material movement as yet on debt payment proposals" and that there is highly unlikely to be any payment for several weeks more. Another Great British Company that refuses to pay its lenders and keeps kicking the can down the road. Excuse after excuse after excuse. It's beyond a farce.
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travolta
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Post by travolta on Dec 4, 2020 16:43:32 GMT
Email to say some repayment in today.... but not yet in my a/c ..... wish they wouldn't do this. Clear the money THEN mail me the good news please.
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withnell
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Post by withnell on Dec 4, 2020 16:55:05 GMT
Email to say some repayment in today.... but not yet in my a/c ..... wish they wouldn't do this. Clear the money THEN mail me the good news please. Repayment was on related loan 124 I believe - I had a payment from about 2ish?
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travolta
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Post by travolta on Jan 15, 2021 16:44:07 GMT
another small spoonful today....
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Post by Badly Drawn Stickman on Feb 16, 2021 19:32:00 GMT
This one is becoming a bit of a grind, they are milling around having a lathe at us. we will cnc if it gets put within tolerance tomorrow.
I guess they didn't send too much.
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TitoPuente
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Post by TitoPuente on Feb 16, 2021 19:42:34 GMT
Well, at this point it is starting to feel that these guys are just chancers and took a big risk trying to roll up all these engineering businesses. This may go well but can also crash to the ground (Erinaceous Group plc comes to mind). The issue is that they are taking us for a ride as if we were equity partners, which we are not. A full repayment needs to be politely demanded sooner than later given that they have been in default for a long time by now.
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GreenZero
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The early bird may get the worm, but it's the second mouse who gets the cheese
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Post by GreenZero on Feb 17, 2021 7:30:10 GMT
By not making this months payment, loan 120 is now four payments behind and after their March installment, the baloon payment is due.
Loan 124 is also behind, two payments outstanding with only four months before that baloon payment is due.
Quite a sizeable chunk....
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GreenZero
Member of DD Central
The early bird may get the worm, but it's the second mouse who gets the cheese
Posts: 225
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Post by GreenZero on Feb 28, 2021 17:29:31 GMT
From latest admin note - a positive agreement looks to have been reached on 120 & 124, update expected this coming week.
I wonder...
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Post by Badly Drawn Stickman on Feb 28, 2021 18:14:33 GMT
From latest admin note - a positive agreement looks to have been reached on 120 & 124, update expected this coming week. I wonder... The more vague words that bit is wrapped in suggest more a case of stretching the loans and us standing still, so the payment point mysteriously passes us. Actually not something I have any real problem with. I have always liked the loan. Then again..........
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travolta
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Post by travolta on Mar 5, 2021 16:36:45 GMT
Incoherent update today.
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Post by Ace on Mar 5, 2021 16:51:27 GMT
How so? It made sense to me.
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