Post by oppsididitagain on Apr 6, 2017 19:04:42 GMT
So what happen to this company ?
I believe I haven't received an update from ReBS
Its just sitting in my default list.
The reason I lent to this company was because of the security :
All Assets Debenture - Fixed and floating charge created over all assets of applicant company
Personal Guarantee - PG from director and majority shareholder
Last update was Feb 23,
This leaves the possibility of improved market conditions leading to an increase in the equity position of Mr L*****’s home as the only currently known remaining avenue for a positive realisation.
I believe I haven't received an update from ReBS
Its just sitting in my default list.
The reason I lent to this company was because of the security :
All Assets Debenture - Fixed and floating charge created over all assets of applicant company
Personal Guarantee - PG from director and majority shareholder
Last update was Feb 23,
This leaves the possibility of improved market conditions leading to an increase in the equity position of Mr L*****’s home as the only currently known remaining avenue for a positive realisation.
)
