Steerpike
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Post by Steerpike on Jun 3, 2016 14:44:43 GMT
For some reason long forgotten I ended up with parts with somewhat sub-optimal rates and so even with 5% discount I couldn't get near to the necessary 22%+ required to shift the remnants of my holding in this entertaining loan.
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kaya
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Post by kaya on Nov 13, 2016 12:07:50 GMT
I see Ms West***** is busy with keeping the nice looking revamped website up and running. No doubt she is busy keeping the business going, so she can save up to repay lenders when the impending bankruptcy hits. (bankruptcy petition 23/11, winding up petition 16/12). Buy now before its too late!
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Steerpike
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Post by Steerpike on Aug 16, 2017 18:16:47 GMT
According to Rebs L** J*** has now been wound up, should this information appear on CH?
Apparently Rebs have been unable to serve the petition against the guarantor, one wonders if part of the reason might be that they still can't spell their name correctly, it's S**daen not S**dean.
In other news the guarantor's other half has started a new company E**xy offering an interesting range of cosmetics.
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kaya
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Post by kaya on Aug 16, 2017 19:30:58 GMT
ePOXy, eJOXy, eFOXY, eTOXy (ic)
Any of them right?
What a corrupt world we live in (and are all part of).
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Steerpike
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Post by Steerpike on Aug 16, 2017 19:32:15 GMT
Perhaps we need to get a LIfe rather than following this saga.
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kaya
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Post by kaya on Aug 16, 2017 19:43:17 GMT
I wrote it off as a (bad) joke long ago. And that includes the whole presentation of the loan and, especially, the subsequent handling of the default by Rebs. (remember particularly the 'restructured' loan which briefly allowed some investors to get shot of it on unsuspecting buyers). I got rid of a bit more of it myself back then, though I feel sorry for anyone who bought. Shocking.
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Steerpike
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Post by Steerpike on Dec 13, 2017 17:27:38 GMT
I see in the email from Rebs today that after dealing with this reprobate for the last 3 years they still can't spell the borrower's name correctly.
Perhaps with a little more diligence and attention to detail they might have been able to effect service and have had more success with the "full trace".
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Steerpike
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Post by Steerpike on Jan 12, 2018 18:49:22 GMT
I see in the email from Rebs today that after dealing with this reprobate for the last 3 years they still can't spell the borrower's name correctly. Perhaps with a little more diligence and attention to detail they might have been able to effect service and have had more success with the "full trace". Out of curiosity I spent a few minutes investigating and think that I may have tracked down the supposedly elusive borrower's new home and new job, so I passed the information on to the REBS recovery team.
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seb8072
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Post by seb8072 on Mar 22, 2018 18:14:19 GMT
Out of curiosity I spent a few minutes investigating and think that I may have tracked down the supposedly elusive borrower's new home and new job, so I passed the information on to the REBS recovery team. Update received today : "Our legal agents have been instructed to instruct trace agents." In view of your posting I'm not sure if this is good or bad.
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Steerpike
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Post by Steerpike on Mar 22, 2018 20:00:16 GMT
Out of curiosity I spent a few minutes investigating and think that I may have tracked down the supposedly elusive borrower's new home and new job, so I passed the information on to the REBS recovery team. Update received today : "Our legal agents have been instructed to instruct trace agents." In view of your posting I'm not sure if this is good or bad. They ignored me, REBS Recovery Team seems to be ineffectual, I suspect that they are signalling that they have given up on this loan. Expect a new director at EL*X* C*SM*T*CS LTD some time in the next year or so.
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seb8072
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Post by seb8072 on Mar 23, 2018 9:10:57 GMT
Update received today : "Our legal agents have been instructed to instruct trace agents." In view of your posting I'm not sure if this is good or bad. They ignored me, REBS Recovery Team seems to be ineffectual, I suspect that they are signalling that they have given up on this loan. Sorry to hear that but not surprised. Thanks for your efforts.
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seb8072
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Post by seb8072 on Nov 20, 2020 12:17:50 GMT
danraj What is happening to this defaulted loan? There has been no update now for 17 months. Is Steerpike correct in that you have given up?
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