marka
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Post by marka on Aug 25, 2019 10:39:07 GMT
It seems to me he is either very brave or very stupid to deliberately set out to piss off hundreds of people who he owes money to, none of whom he knows anything about. By the law of averages there's got to be one or two people amongst the lenders who might decide to extract their pound of flesh in a more basic way. Neither more a bully and conman hiding behind his job. Obviously, but they're not mutually exclusive.
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Post by investor1925 on Aug 26, 2019 8:20:33 GMT
It seems to me he is either very brave or very stupid to deliberately set out to piss off hundreds of people who he owes money to, none of whom he knows anything about. By the law of averages there's got to be one or two people amongst the lenders who might decide to extract their pound of flesh in a more basic way. Mmmmmm ! The "nice" lady in the Lendy London loans had threats made against her so much so that she called the police. Whilst I won't make threats, behaviour like this man does sometimes bring out the worst in people, & bullies do tend to listen when they get a bit of their own medicine.
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Post by nooneere on Aug 26, 2019 12:41:57 GMT
Another factor created by the involvement of many UB lenders, and the publicity on this forum, is the potential damage to UB's business if they did back down due to escalating legal costs. If the P2P world knew UB could be made to cave in by the threat of litigation then (a) lenders would be deterred from the platform, and (b) other UB borrowers could try this on.
This strategy may have worked for the borrower in past cases, but his corporate victims likely avoided damaging publicity. This time round it may all backfire on him.
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Mousey
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Post by Mousey on Sept 5, 2019 13:45:23 GMT
As expected:
The Rolls Buildings, Hearing Room 2 Before CHIEF MASTER M****
Friday 6 September 2019 At 10:30 AM
Application Hearing
FS-2019-****** A***** M**** v Open Acess (Sic) Finance Limited
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registerme
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Post by registerme on Sept 6, 2019 13:56:42 GMT
ashwinp please pass on a "well done" from me to the Unbolted team
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slush
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Here to learn. Please be gentle.
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Post by slush on Sept 6, 2019 14:02:45 GMT
And from the wife and I too. Well done
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alanh
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Post by alanh on Sept 6, 2019 14:04:34 GMT
Excellent news. That should be the end of that idiot.
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jcm9000
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Post by jcm9000 on Sept 6, 2019 14:10:39 GMT
Excellent! Well deserved drinks for the unbolted team tonight; bowl of gruel for the borrower.
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Ukmikk
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Post by Ukmikk on Sept 6, 2019 14:11:19 GMT
ashwinp please pass on a "well done" from me to the Unbolted teamĀ In fact from all your lenders.
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Post by markaldrich on Sept 6, 2019 14:13:34 GMT
Agreed - well done to the guys.
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n
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Yet another Nick
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Post by n on Sept 6, 2019 14:19:21 GMT
Thank you.
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agent69
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Post by agent69 on Sept 6, 2019 14:23:36 GMT
Nice to have some good news for a change, but where do we go from here?
I assume the ball is in the borrowers court regarding further legal action, but does this mean UB can continue with disposal of assets?
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IFISAcava
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Post by IFISAcava on Sept 6, 2019 14:23:40 GMT
Excellent news. That should be the end of that idiot. It's good news, but i don't think it's the end yet.
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IFISAcava
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Post by IFISAcava on Sept 6, 2019 14:25:36 GMT
Nice to have some good news for a change, but where do we go from here?
I assume the ball is in the borrowers court regarding further legal action, but does this mean UB can continue with disposal of assets?
I read it that the litigation continues but run by UB on our behalf. And at his cost.
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michaelc
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Say No To T.D.S.
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Post by michaelc on Sept 6, 2019 14:30:27 GMT
Excellent news and I hope I can't be blamed for previously withdrawing (setting autolend to zero and withdrawing the cream every month) due to being bitten twice now by other platforms.
However, I am so impressed at the stand they have taken that I will be reversing my decision and will be stuffing into the platform as much as it will allow without cash drag (which no doubt now will be a lot higher due to this).
Also plan to congratulate them directly via email.
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