jcb208
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Post by jcb208 on Apr 11, 2024 19:37:02 GMT
Looking I had £200 in the first charge 8010286828 which states re- Paid then under repayment states defaulted .Has this already been paid out I could never get the hang of Funding secure statements
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agent69
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Post by agent69 on Apr 11, 2024 20:06:20 GMT
Looking I had £200 in the first charge 8010286828 which states re- Paid then under repayment states defaulted .Has this already been paid out I could never get the hang of Funding secure statements I believe they were about to make a payment in June last year, when somebody (I assume in loan 1) objected. The funds have been frozen ever since pending the outcome of the various complainants (which hopefully have just about run their course).
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jcb208
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Post by jcb208 on Apr 11, 2024 20:10:00 GMT
Looking I had £200 in the first charge 8010286828 which states re- Paid then under repayment states defaulted .Has this already been paid out I could never get the hang of Funding secure statements I believe they were about to make a payment in June last year, when somebody (I assume in loan 1) objected. The funds have been frozen ever since pending the outcome of the various complainants (which hopefully have just about run their course). Yeh thankyou that is the one which was in my account then they took it away £200 is a bonus after all this time
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Post by overthehill on Apr 11, 2024 20:15:32 GMT
I believe they were about to make a payment in June last year, when somebody (I assume in loan 1) objected. The funds have been frozen ever since pending the outcome of the various complainants (which hopefully have just about run their course). Yeh thankyou that is the one which was in my account then they took it away £200 is a bonus after all this time
£200 + £45 interest
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agent69
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Post by agent69 on Apr 11, 2024 20:21:46 GMT
Yeh thankyou that is the one which was in my account then they took it away £200 is a bonus after all this time
£200 + £45 interest
Mine was £50 capital plus £11 interest (yeh, I know the last of the big spenders). I guess that was full repayment, so wonder if the shenanigans of the last 9 months will affect the payout?
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Post by gaspilot on Apr 12, 2024 16:24:36 GMT
The legal costs of each of the parties to any application under paragraphs 63 or 74 could be
substantial and the incidence of costs (which might be ordered to be paid by the Company, the
objecting investor(s) or from the Proceeds) would be a matter for the discretion of the Court.
Does the above statement (from the email sent earlier this week) mean that anyone objecting to the decision now made would have to fund their court costs and potentially have to pay the other party's court costs if they lost the case? This would potentially mean throwing good money after bad surely. I hope this matter will finally be resolved after the 28-day wait period. DOI I have a substantial amount in the second loan.
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agent69
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Post by agent69 on Apr 12, 2024 17:04:17 GMT
The legal costs of each of the parties to any application under paragraphs 63 or 74 could be
substantial and the incidence of costs (which might be ordered to be paid by the Company, the
objecting investor(s) or from the Proceeds) would be a matter for the discretion of the Court. So if the administrator makes a mistake in deciding who should gets the cash, everyone risks getting a bill apart from ........ the administrator.
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