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Post by belladog on Dec 3, 2020 16:32:50 GMT
Does anyone know when the first payment will be paid this month? sws
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Post by m1kehunt on Dec 3, 2020 18:58:51 GMT
Knowing Wellesley, probably 11:59 on the 31st...
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Post by belladog on Dec 4, 2020 10:17:21 GMT
The more I think about this the more angrier I get. They are still receiving all the interest from the loans they made and then eventually the repayment of the original loan. We are, hopefully, getting under half of what they owe us. I would be prepared to wait until they managed to get all the money due back to them in and then pay us in full. This is what’s happening anyway otherwise why pay us in dribs and drabs over a year or so. There’ve taken us for fools.
sws
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Post by belladog on Dec 15, 2020 13:18:24 GMT
Has anyone got their December payment yet? sws
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Post by angel19 on Dec 15, 2020 13:35:32 GMT
The October payment was made on 28th. So I wasn’t really expecting the December payment just yet. But who knows, perhaps an early Christmas present.
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Post by belladog on Dec 15, 2020 14:04:47 GMT
There’s no way to find out from the company. I’m a bit concerned because if they renege on paying us, what can we do? sws
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tjtl
Posts: 232
Likes: 351
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Post by tjtl on Dec 15, 2020 14:29:23 GMT
I expect that we will be paid right at the end of the month- no reason to expect them to pay any earlier.
And I see little point in worrying about whether they will pay or not- the reality is they will either pay to they won't pay- and if they don't there is precious little we can do about it (and I speak as one of those idiots who had a lot with Wellesley).
The administrators, Duff and Phelps may be b@st@rds but they are very professional b@st@rds- I would be genuinely astonished if we weren't paid (I am more concerned about the later payments- but again not convinced the worrying is going to get me anywhere).
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Post by carol167 on Dec 15, 2020 18:59:03 GMT
I expect that we will be paid right at the end of the month- no reason to expect them to pay any earlier. And I see little point in worrying about whether they will pay or not- the reality is they will either pay to they won't pay- and if they don't there is precious little we can do about it (and I speak as one of those idiots who had a lot with Wellesley). The administrators, Duff and Phelps may be b@st@rds but they are very professional b@st@rds- I would be genuinely astonished if we weren't paid (I am more concerned about the later payments- but again not convinced the worrying is going to get me anywhere). Very "Zen". I commend you. I agree - there is little point in worrying about what we have no control over.
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tjtl
Posts: 232
Likes: 351
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Post by tjtl on Dec 16, 2020 18:24:58 GMT
And December payment received- earlier than expected.
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mogish
Member of DD Central
Posts: 998
Likes: 487
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Post by mogish on Dec 16, 2020 19:24:35 GMT
So near but so far.... cant get any further than the log in. Anyone else having Wellesley website access?
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Post by belladog on Dec 16, 2020 19:39:41 GMT
I’ve just logged in and transferred my money out. No problem but I don’t know when it will be in my bank. sws
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mogish
Member of DD Central
Posts: 998
Likes: 487
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Post by mogish on Dec 16, 2020 19:47:59 GMT
I’ve just logged in and transferred my money out. No problem but I don’t know when it will be in my bank. sws Managed to log in and start the transfer. Prob just a busy server with everyone logging in at the same time after the e mail was received.
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mogish
Member of DD Central
Posts: 998
Likes: 487
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Post by mogish on Dec 18, 2020 21:29:30 GMT
Anyone actually recieved their cash into their bank yet? Tried calling today but the que position was too long for me to wait.
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ferdy
Member of DD Central
Posts: 166
Likes: 47
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Post by ferdy on Dec 19, 2020 8:12:30 GMT
Hi Mine is due to be credited on Monday according to my bank's app.
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Post by belladog on Dec 19, 2020 9:53:33 GMT
Yes, sent by BACS Thursday so should be in our banks Monday or Tuesday. I also got an email telling me of a new body who will apparently be servicing our defunct investments. I think this bodes well for us to receive all of the remaining sums, however paltry they may be. sws
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