oldgrumpy
Member of DD Central
Posts: 5,087 
Likes: 3,233
|
Post by oldgrumpy on Feb 24, 2014 15:34:43 GMT
the dishonesty of While we are in this geographic location, my last notification from FC said that everyone's favorite scrappy is due to restart payments at the end of February. Will I be hearing the ching, ching, ching of money dropping into my account next week, or will there be another excuse? Maybe you and I will only hear the sound of ching, ching, ching if the scrappy first finds some more nicked brass band instruments to crush! There is another excuse. He has dumped it on his "business advisor" and wants an informal arrangement to pay all creditors back "in time". It's about time FC flattened this bloke's business for good and for all (but mind those euphoniums). I've only got a £20 piece of this, but the whole loan is £100K, some people will have a lot of loan parts, and this company seems determined not to repay his loan, and so does the director boyo who gave the personal guarantee. Now 155 days late, made only one payment but doesn't count as defaulted. Is FC protecting its default figures? Does anyone living near Gorseinon able to confirm whether this scrapyard is still trading? (What kind of coc oen gets caught doing dodgy deals by his own CC TV, presumably set up to stop the dishonesty of people nicking from him?) |
|
merlin
Minor shareholder in Assetz and many other companies.
Posts: 902
Likes: 302
|
Post by merlin on Feb 24, 2014 17:32:57 GMT
the dishonesty of Maybe you and I will only hear the sound of ching, ching, ching if the scrappy first finds some more <removed> to crush! There is another excuse. He has dumped it on his "business advisor" and wants an informal arrangement to pay all creditors back "in time". It's about time FC flattened this bloke's business for good and for all (but mind those <removed>). I've only got a £20 piece of this, but the whole loan is £100K, some people will have a lot of loan parts, and this company seems determined not to repay his loan, and so does the director boyo who gave the personal guarantee. Now 155 days late, made only one payment but doesn't count as defaulted. Is FC protecting its default figures? Does anyone living near <removed> able to confirm whether this scrapyard is still trading? (What kind of pen coc gets caught doing dodgy deals by his own CC TV, presumably set up to stop the dishonesty of people nicking from him?) If ever there was a case for FC seeking a CCJ followed by the bailiffs this has got to be the one. Everything about this loan stinks. How the hell FC ever allowed it to go ahead with a bloke with a recent criminal record, God only knows! When I mentioned this to a lawyer a few weeks back he felt that if FC did nothing to recover our money then we the lenders would have a case against FC for negligence. Failing that there could even be a criminal case against FC under the Theft Act concerning obtaining money by false pretences.
As to "still trading" you could always give them a tinkle and see if they are still in the market for a load of <removed>., the number is : EDIT Mod : telephone number removed: .******
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Feb 24, 2014 17:37:20 GMT
I do have a battered old <removed> in the attic ....  edit: OK it's disappeared (moderated out) but it could do this in 7th position; the first one sounds very rude too (probably appropriate)!  |
|
|
|
Post by bracknellboy on Feb 24, 2014 18:02:34 GMT
merlin: you will perhaps not be surprised to know that I've edited your post to remove the telephone number you posted. Its no different from posting the name of the borrower. Though I suspect you knew that...
|
|
|
|
Post by bracknellboy on Feb 24, 2014 18:05:40 GMT
I do have a battered old <removed> .... Quite a common problem when you reach the old and grumpy stage.
|
|
merlin
Minor shareholder in Assetz and many other companies.
Posts: 902
Likes: 302
|
Post by merlin on Feb 24, 2014 18:53:07 GMT
merlin: you will perhaps not be surprised to know that I've edited your post to remove the telephone number you posted. Its no different from posting the name of the borrower. Though I suspect you knew that... Ah but did save you the trouble of looking it up! In any case I think this bar steward is due some comeuppance in the form of adverse publicitiy or worse!
|
|
mikeb
Posts: 1,052
Likes: 463
|
Post by mikeb on Feb 24, 2014 19:04:31 GMT
I await the day the phrase "Hello I'm Mr Griggs, I'm a High Court Sherriff ...." appears on a certain BBC TV programme in relation to some of these chancers.
Long wait then?
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Feb 24, 2014 21:17:03 GMT
I do have a battered old <removed> .... Quite a common problem when you reach the old and grumpy stage.
No 1 sounds quite flatulent even if you don't get it right! (So I am told)  (For readers confused as to the meaning of this exchange, it is a clue relating to the identity of the metal item removed by Mr Elljay from the third posting on this page.)  Thinks... waits for string of 69 jokes....
|
|
agent69
Member of DD Central
Posts: 5,618
Likes: 4,191
|
Post by agent69 on Feb 24, 2014 22:51:46 GMT
What IS it with Welsh firms?!? Will I be hearing the ching, ching, ching of money dropping into my account next week 24th February - We have been chasing the borrower and the guarantor for payment, and have been referred to their third party business adviser who is currently reviewing the financial position of both. We understand that an informal arrangement will be proposed whereby all creditors are paid in full, over time.Ching, bloody ching
|
|
agent69
Member of DD Central
Posts: 5,618
Likes: 4,191
|
Post by agent69 on Mar 6, 2014 18:28:55 GMT
Will I be hearing the ching, ching, ching of money dropping into my account next week 24th February - We have been chasing the borrower and the guarantor for payment, and have been referred to their third party business adviser who is currently reviewing the financial position of both. We understand that an informal arrangement will be proposed whereby all creditors are paid in full, over time.Ching, bloody ching 5 Mar 2014 - Given the history of this loan, we intend to default the loan next week in any event, so that there will be no delay in initiating these processes if/when we need to.
|
|
|
|
Post by yorkshireman on Mar 6, 2014 19:22:55 GMT
24th February - We have been chasing the borrower and the guarantor for payment, and have been referred to their third party business adviser who is currently reviewing the financial position of both. We understand that an informal arrangement will be proposed whereby all creditors are paid in full, over time.Ching, bloody ching 5 Mar 2014 - Given the history of this loan, we intend to default the loan next week in any event, so that there will be no delay in initiating these processes if/when we need to. There are now at least 3 loans on FC where, IMO, lenders have a case against FC for failing in their DD and a duty of care namely:
The Crappy Scrappy which I don’t personally hold but I certainly hold The Crooked Lawyer and Stale Fart aka Br***h *f F***h A*r.
Anyone seriously up for a fight with FC?
|
|
min
Member of DD Central
Posts: 603
Likes: 170
|
Post by min on Mar 6, 2014 19:32:10 GMT
5 Mar 2014 - Given the history of this loan, we intend to default the loan next week in any event, so that there will be no delay in initiating these processes if/when we need to. There are now at least 3 loans on FC where, IMO, lenders have a case against FC for failing in their DD and a duty of care namely:
The Crappy Scrappy which I don’t personally hold but I certainly hold The Crooked Lawyer and Stale Fart aka Br***h *f F***h A*r.
Anyone seriously up for a fight with FC?
You have a serious point. I have all 3!! :-(
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Mar 6, 2014 20:59:46 GMT
5 Mar 2014 - Given the history of this loan, we intend to default the loan next week in any event, so that there will be no delay in initiating these processes if/when we need to. There are now at least 3 loans on FC where, IMO, lenders have a case against FC for failing in their DD and a duty of care namely:
The Crappy Scrappy which I don’t personally hold but I certainly hold The Crooked Lawyer and Stale Fart aka Br***h *f F***h A*r.
Anyone seriously up for a fight with FC?
Holders of the crappy scrappy need to think carefully when asked to novate their claims to FCRL. If a number did not agree then FC would take notice.
|
|
While we are in this geographic location, my last notification from FC said that everyone's favorite scrappy is due to restart payments at the end of February.
