TitoPuente
Member of DD Central
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Post by TitoPuente on Oct 12, 2022 15:39:12 GMT
Admin report to 7 September 2022 now available in CH. An offer has been accepted but the situation with all the numerous security claims remains unresolved and the options to complete the sale are the same as described in the previous report. The price offered and accepted remains undisclosed.
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TitoPuente
Member of DD Central
Posts: 624
Likes: 655
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Post by TitoPuente on Apr 19, 2023 9:31:53 GMT
The Admin report to 7 March 2023 should have been filed in CH by now unless I am missing something.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Apr 19, 2023 10:33:44 GMT
The Admin report to 7 March 2023 should have been filed in CH by now unless I am missing something. They must have heard you, now showing filed today, currently being processed
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,315
Likes: 11,523
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Post by ilmoro on Apr 20, 2023 7:31:41 GMT
Report now available - exchanged for £1.7m, sale not yet complete due to complex secured creditors picture, sale by consent not achieved, hoping to do by overreaching to avoid court case, need one more creditor to agree. Likely return unclear as priority of creditors complex and administrators remuneration not yet agreed but likely less than £1m available for distribution to creditors
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hazellend
Member of DD Central
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Post by hazellend on Apr 21, 2023 19:12:36 GMT
Report now available - exchanged for £1.7m, sale not yet complete due to complex secured creditors picture, sale by consent not achieved, hoping to do by overreaching to avoid court case, need one more creditor to agree. Likely return unclear as priority of creditors complex and administrators remuneration not yet agreed but likely less than £1m available for distribution to creditors What % return roughly are you anticipating?
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Post by Badly Drawn Stickman on Apr 21, 2023 19:35:39 GMT
Report now available - exchanged for £1.7m, sale not yet complete due to complex secured creditors picture, sale by consent not achieved, hoping to do by overreaching to avoid court case, need one more creditor to agree. Likely return unclear as priority of creditors complex and administrators remuneration not yet agreed but likely less than £1m available for distribution to creditors What % return roughly are you anticipating? From memory the loan was 2.7Million? If we are going to be lucky to see a million.......... 30%ish maybe would seem to be the optimum.
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picnicman
Member of DD Central
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Post by picnicman on Apr 22, 2023 9:59:55 GMT
What % return roughly are you anticipating? From memory the loan was 2.7Million? If we are going to be lucky to see a million.......... 30%ish maybe would seem to be the optimum. Hi both - loan £2.5m on asset value of £4m hummmm!!! I e mailed Moneything support about formal updates and was told they were being prepared - that was seven weeks ago. Thanks P
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Post by webbski9 on Apr 29, 2023 12:12:34 GMT
Hi guys.I have various loans with Moneything but have no correspondence from them for many months .What info am I missing? Where do I go to find out information ? Thanks
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Post by Ace on Apr 29, 2023 12:46:44 GMT
Hi guys.I have various loans with Moneything but have no correspondence from them for many months .What info am I missing? Where do I go to find out information ? Thanks Updates are given in the Loan Updates and General Updates of the Support section of the Moneything website. No loan updates yet this year. An apology for lack of Updates was given in the General Updates section yesterday, with a promise to get loan updates out soon.
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Post by webbski9 on Apr 29, 2023 12:51:41 GMT
Thank you.So you dont get emails you have check each loan on their site ?
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Post by Ace on Apr 29, 2023 13:18:08 GMT
Thank you.So you dont get emails you have check each loan on their site ? I have received email notifications of significant updates, but they refer to the website for the actual info.
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averageguy
Member of DD Central
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Post by averageguy on Oct 3, 2023 21:18:00 GMT
Anyone know if they have finally completed?
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johni
Member of DD Central
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Post by johni on Oct 5, 2023 20:46:20 GMT
Does it really matter? You won't get any money back. It may be our money but they will keep it as they have with all the other repayments. Keeping money without permission would be theft anywhere else.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,315
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Post by ilmoro on Oct 5, 2023 21:30:20 GMT
Anyone know if they have finally completed? Activity on the site today apparently ... clearing the rubble.
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travolta
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Post by travolta on Oct 6, 2023 17:58:35 GMT
Have you read the beginning of this thread recently ......
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