hazellend
Member of DD Central
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Post by hazellend on Feb 12, 2020 15:10:57 GMT
Absolutely bricking it on this one now. Can't see it coming good anytime soon unfortunately Normal for p2p
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averageguy
Member of DD Central
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Post by averageguy on Feb 12, 2020 15:33:09 GMT
MT
no more delays enforcement action to commence at close of play today
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robski
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Post by robski on Feb 13, 2020 8:55:25 GMT
The chances of an update from MT thats worthwhile today?
I am not so sure, place your bets now!
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coop
Member of DD Central
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Post by coop on Feb 13, 2020 9:57:16 GMT
Fear not fellow investors as these loans are now marked completed - imminent full repayment a virtual certainty.
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archie
Posts: 1,855
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Post by archie on Feb 13, 2020 10:05:45 GMT
Fear not fellow investors as these loans are now marked completed - imminent full repayment a virtual certainty. No longer. New end date 31/03/20. Edit : Solicitors instructed.
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averageguy
Member of DD Central
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Post by averageguy on Feb 13, 2020 10:20:35 GMT
Fear not fellow investors as these loans are now marked completed - imminent full repayment a virtual certainty. No longer. New end date 31/03/20. Edit : Solicitors instructed. Good...no hanging around...it’s the only way with this borrower
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upperdeane
Member of DD Central
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Post by upperdeane on Feb 13, 2020 10:58:54 GMT
I've just added some more input from my contact (who is no longer my contact) in MT DD-Central.
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rocky1
Member of DD Central
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Post by rocky1 on Feb 13, 2020 11:42:57 GMT
maybe the charge delivered on 18/11/19 in favour of N*m fu*d services ltd has paid for all this NEX listing business.
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averageguy
Member of DD Central
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Post by averageguy on Feb 13, 2020 12:07:09 GMT
maybe the charge delivered on 18/11/19 in favour of N*m fu*d services ltd has paid for all this NEX listing business. Maybe......no wonder they abandoned the idea of a second charge earlier to help fund.....now what’s the word..oh yes interest
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hazellend
Member of DD Central
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Post by hazellend on Feb 13, 2020 12:28:32 GMT
I’d be happy to allow an extension if they paid the interest owed. After all this time/work/effort I will be surprised if the borrower lets this one get away. Good on moneything for instructing solicitors, lots of lessons learned, just too late.
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robski
Member of DD Central
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Post by robski on Feb 13, 2020 13:14:52 GMT
very surprised, and very happy with this I like the new MT with teeth !
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Post by Badly Drawn Stickman on Feb 13, 2020 14:52:19 GMT
I’d be happy to allow an extension if they paid the interest owed. After all this time/work/effort I will be surprised if the borrower lets this one get away. Good on moneything for instructing solicitors, lots of lessons learned, just too late. Realistically any reasonable payment would have allowed Moneything and by extension ourselves to give it (an even longer) period of grace. The only conclusion is that they have no funds, and it would seem no clear line of site on getting any. The prospects of a protracted and almost certainly contentious process to try and 'realise the asset' is not something (with a platform in wind down mode) that anybody should consider worthy of praise....... Ok maybe it is the only way forward but not one that will benefit anybody but another kettle* of administrators. * collective name for a group of Vultures.
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averageguy
Member of DD Central
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Post by averageguy on Feb 13, 2020 19:41:37 GMT
I’d be happy to allow an extension if they paid the interest owed. After all this time/work/effort I will be surprised if the borrower lets this one get away. Good on moneything for instructing solicitors, lots of lessons learned, just too late. Realistically any reasonable payment would have allowed Moneything and by extension ourselves to give it (an even longer) period of grace. The only conclusion is that they have no funds, and it would seem no clear line of site on getting any. The prospects of a protracted and almost certainly contentious process to try and 'realise the asset' is not something (with a platform in wind down mode) that anybody should consider worthy of praise....... Ok maybe it is the only way forward but not one that will benefit anybody but another kettle* of administrators. * collective name for a group of Vultures. It is the only way forward that’s just it.
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n
Member of DD Central
Yet another Nick
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Post by n on Feb 14, 2020 9:54:58 GMT
I’d be happy to allow an extension if they paid the interest owed. After all this time/work/effort I will be surprised if the borrower lets this one get away. Good on moneything for instructing solicitors, lots of lessons learned, just too late. Realistically any reasonable payment would have allowed Moneything and by extension ourselves to give it (an even longer) period of grace. The only conclusion is that they have no funds, and it would seem no clear line of site on getting any. The prospects of a protracted and almost certainly contentious process to try and 'realise the asset' is not something (with a platform in wind down mode) that anybody should consider worthy of praise....... Ok maybe it is the only way forward but not one that will benefit anybody but another kettle* of administrators. * collective name for a group of Vultures. * true, but also, according to Wikipedia "A group of vultures is called a kettle, committee or wake..... Wake is reserved for a group of vultures that are feeding."
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rocky1
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Post by rocky1 on Feb 14, 2020 10:11:19 GMT
well there are plenty of wake's going on at the moment across the p2p market and plenty more to keep them feeding for the next few years.by the time all this MT,FS,LY,COLL,and the one's that are looming are sorted I think I will be arranging my own wake.
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